Rusagrotrans does not expect an oversupply of grain in Russia due to EU duties

Experts from the analytical center of the Rusagrotrans company do not predict overstocking of the Russian market with basic grains due to duties on these products from the European Union. TASS writes about this with reference to company analysts. They explained that the EU's share of total supplies is insignificant, and Russian exporters have other larger alternative markets. For example, according to their data, for the 2023-24 agricultural year (in Russia, grain starts in July - ROSNG), Russia imported only about 1.3 million tons or 1.9 percent of total supplies into the bloc. Experts also noted that the short supply of certain types of grain to European countries will force Europeans to purchase volumes in other countries. They, in turn, will supply less products to other importers, and it is these markets that Russia can enter. According to Rusagrotrans, the main exported items in the current agricultural year will be soft and durum wheat, rye, corn and barley. Previously, ...