For 5 months of 2021/22 MY, the export potential of Russian wheat was realized by more than 50%
Wheat
Russia
Published Jan 20, 2022
Tridge summary
According to customs statistics, in the period from July to November 2021/22 MY, Russia shipped 18.2 million tons of wheat to foreign markets (including deliveries to the countries of the Customs Union), which is 13% less than the same indicator a season earlier (21 million tons). The decrease in exports in the current season is largely due to a decrease in the grain harvest in 2021, which, according to the preliminary results of Rosstat, amounted to 75.9 million tons (-12% of the gross harvest in 2020).
Original content
According to the results of 5 months of the current season, Iran became the key importer of Russian wheat, having purchased, according to APK-Inform news agency, 4.3 million tons of grain (24% of the total), increasing grain imports by 15 times compared to the same period previous MG. Turkey occupied the second position in the ranking of importers - about 3.7 million tons (20% of the exported volume), reducing grain purchases by 5%. Egypt is in third place, importing 2.7 million tons of wheat (15% of the total, -35% compared to the same indicator in 2020/21 MY). It is worth noting that, according to the January forecasts of APK-Inform analysts, in 2021/22 MY, wheat exports from Russia are expected to reach ...
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