Russia's grain exports from February 1 to 5 have seen a significant decrease of 48% compared to the same period last year, with wheat shipments down by 47.8% and corn by 16%. This is partly due to the lack of a discount in the price of Russian wheat compared to European grain. Despite this, Russia's grain exports in January exceeded last year's figures, with 5.3 million tons exported compared to 4.5 million tons in the previous year. A grain export quota of 24 million tons will be implemented from February 15.
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Original content
From February 1 to 5, 496.2 thousand tons of grain were exported, which is 48% less than during this period a year earlier, Elena Tyurina, director of the analytical department of the Russian Grain Union, told Agroinvestor. Including, according to her, shipments of wheat decreased by 47.8% to 405.6 thousand tons, corn by 16% to 88 thousand tons, barley to 2.6 thousand tons against 63.5 thousand. t a year earlier. During this period, seven countries were buyers of Russian wheat, while at the beginning of February last year there were 13. The main volumes came from Egypt - 63 thousand tons, which is almost seven times less than a year earlier. Mexico took second place with a volume of 48.5 thousand tons, Tanzania was third with 46.8 thousand tons. Cuba, which purchased 30 thousand tons, came fourth, Turkey with 23 thousand tons, which is 80% less than at the same time last season, closed the top five. Tyurina also noted that the decrease in grain shipments in February is partly due ...
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