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Grain exports from the Russian Federation in 2024 could reach 70 million tons

Maize (Corn)
Published Feb 21, 2024

Tridge summary

Russia's Ministry of Agriculture has announced plans to export up to 70 million tons of grain in 2024, a significant increase from the 66 million tons exported in 2023. The country's agricultural exports, primarily consisting of wheat, corn, and barley, reached a total of $43.5 billion last year. This growth continues despite a notable decline in global prices.
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Original content

Russia plans to supply up to 70 million tons of grain abroad in 2024, said the head of the Ministry of Agriculture Dmitry Patrushev at a meeting with Russian President Vladimir Putin. According to the minister, last year, of the total agricultural exports of $43.5 billion, the majority were wheat, corn and barley. “Moreover, we continue to hold first place in the world in wheat trade. The Russian Federation is the main supplier of this crop to countries such as Egypt, Turkey, Saudi Arabia, India and China. And even despite a significant decline in world prices, our income from agricultural exports continues grow," said the head of the ...
Source: Zol
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