Russia: Grain exports through the ports of the Krasnodar Territory in January-February increased by 9%, exceeding 6 million tons

Grains, Cereal & Legumes

Russia

Supply Chain Management

Market & Price Trends

Published Mar 28, 2024

Tridge summary

In the initial months of 2024, Russia's Krasnodar Territory witnessed a notable 9.4% increase in grain crop exports through its ports, totaling over 6 million tons compared to the previous year. This surge was primarily driven by significant exports of key grains such as wheat, corn, barley, and others, with wheat exports alone rising by 11% to 5.383 million tons. These grains found their way to 41 countries, including Egypt, Turkey, and Indonesia, among others. Since July 2023, the start of the agricultural year, the Kuban ports, which account for up to 30% of Russia's foreign trade, have facilitated the export of more than 23.5 million tons of grain.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The export of grain crops through the ports of the Krasnodar Territory in January-February 2024 exceeded 6 million tons, the Novorossiysk branch of the Federal State Budgetary Institution "Grain Quality Assessment Center" told Interfax. “In the period from January to February 2024, 6.062 million tons of grain crops were exported through the ports of the Krasnodar Territory under the supervision of specialists from the Novorossiysk branch of the Federal State Budgetary Institution “Center for Grain Quality Assessment,” which is 522.7 thousand tons more compared to the same period in 2023,” - noted in the management. Thus, the figure increased by 9.4%. The bulk of exports were grain crops such as wheat, corn, barley, rye, millet, oats and sorghum. Including wheat exports in the first two months of 2024 increased by 11% and reached 5.383 million tons. The branch of the Federal State Budgetary Institution "Center for Grain Quality Assessment" noted that grains were supplied to 41 ...

Source: Zol