After a prolonged decline, wheat exports from Russia have started to grow: in November, shipments abroad may increase by 30–40% year-on-year. The market is being helped by recovering demand from importers who had previously taken a wait-and-see approach. This may lead to stronger export prices, but a significant increase in cost is unlikely. Overall, a surplus of supply still exists in the global market, writes Kommersant. Russian wheat exports in November 2025 may increase year-on-year by 30–40%, to 4.6–5 million tons, according to the forecast by "RusAgroTrans." Dmitry Krasnov, Managing Director of the Competence Center in the Agro-Industrial Complex at "Rexoft Consulting," provides a similar estimate. "SovEcon" forecasts November wheat exports at 4.2–4.7 million tons. The year-on-year growth will be 2.4–14.6%. However, this is one of the highest rates in history. The previous record was set in November 2022 at 4.3 million tons, according to "SovEcon." Roman Sokolov, Director of ...