Exports of Russian grain increased by 21%

Published 2021년 3월 24일

Tridge summary

Russian grain exports have seen a 21% increase in the current agricultural year, reaching 49.3 million tons, with 134 countries showing an interest in purchasing Russian grain, up from 131 in the previous year. The top five products account for 96% of exports, with wheat being the most popular at 70%. Exports to Senegal and corn to Lebanon experienced the greatest growth. Turkey, Egypt, and Saudi Arabia were the leading buyers, and Kazakhstan increased its purchases by 12% compared to the previous year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Analysts of the Center for Grain Quality Assessment presented a consolidated picture of the state of Russian grain exports as of March 18. According to the correspondent of "KazakhZerno.kz", in the current agricultural year (taking into account the EAEU market) 49.3 million tons of grain products were shipped to foreign markets. In comparison with the volumes at the same date of the last agricultural year, exports increased by 21%. In addition, the number of countries purchasing Russian grain has increased: if in 2019/20 there were 131 of them, then in 2020/21. already 134 states. The share of TOP-10 products accounts for 96% of all exports. Traditionally, wheat is at the top of the rating of the most demanded products: its share in total shipments was 70%. Wheat exports increased by 26% and reached 34.6 million tons. There is also a serious dynamics in the supply of barley (an increase of 58% to 5.1 million tons), peas (an increase of 35% to 600 thousand tons), rape seeds (+ 42% ...
Source: Kazakh-zerno

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