News

Export of wheat from Russia in January may average about 2.2 million tons

Wheat
Russia
Published Jan 21, 2022

Tridge summary

Russia in January can export 2.1-2.3 million tons of wheat (taking into account the EAEU countries), which is 36% less than a year ago (3.45 million tons), follows from the data of the analytical center of Rusagrotrans JSC, based on the current rates of shipment and applications in ports. As Igor Pavensky, head of the center, told Interfax, a year ago, at this time, exports sharply intensified before the introduction of duties and quotas. At the same time, the January volume this year will be higher than it was exported in January 2019 (1.9 million tons). Pavensky also said that in July-December 2021, wheat exports, according to the center, amounted to about 21.7 million tons. This is somewhat lower than expected. The reason is the drop in shipments at the end of December due to adverse weather conditions. Then the monthly export volume amounted to 3.26 million tons. In general, grain exports in July-December 2021 turned out to be 18.4% lower than in the same period in 2020 (26.6 million tons). Forecast of the center for wheat exports in the current agricultural year (July 2021-June 2022) is about 33.4 million tons against 39 million tons in the last agricultural year.

Original content

Russia in January can export 2.1-2.3 million tons of wheat (taking into account the EAEU countries), which is 36% less than a year ago (3.45 million tons), follows from the data of the analytical center of Rusagrotrans JSC, based on the current rates of shipment and applications in ports. As the head of the center, Igor Pavensky, told Interfax, a year ago at this time, exports sharply intensified before the introduction of duties and quotas. At the same time, the January volume this year will be higher than it was exported in January 2019 (1.9 million tons). Pavensky also said that in July-December 2021, wheat exports, according to the center, amounted to about 21.7 million tons. This is somewhat lower than expected. The reason is the drop in shipments at the end of December due to adverse weather conditions. Then the monthly export volume amounted to 3.26 million tons. In general, grain exports in July-December 2021 turned out to be 18.4% lower than in the same period in 2020 ...
Source: Zol
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