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In January, the export of Russian wheat may again become a record

Updated Dec 30, 2022
In January 2023, the export of Russian wheat for the fourth month in a row could become a record. According to the forecast of the analytical center "Rusagrotrans", it can reach 3.6 million tons, according to the portal pole.rf. The last January record was set in 2021, when exports reached 3.45 million tons.
Current requests for grain shipments only in deep-water ports are already more than 3.2 million tons, analysts said. In addition, they raised their estimate of wheat exports in December 2022 from 4.2-4.3 million tons to 4.35 million tons against the backdrop of an increase in export rates since the middle of the month and an increase in supplies to the EAEU countries. According to Rusagrotrans, export prices for Russian wheat with 12.5% protein for delivery in January-February remained at about $305-306 per ton FOB (-$0.5). Prices for wheat with 12.5% protein in deep-water ports remained at about 14.8-15 thousand rubles. per ton without VAT, at low water - 12.3-12.4 thousand rubles. per ton without VAT (last year - 16.9 thousand rubles and 15.6 thousand rubles, respectively). Meanwhile, the press service of the Rosselkhoznadzor reported that 126 countries bought Russian grain and products of its processing in 2022. According to the issued phytosanitary certificates, since the ...
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