Russia exports a record 36.6 million tons of wheat by the end of March

Published 2023년 3월 27일

Tridge summary

Russian wheat exports for the 2022/23 season are projected to exceed the previous season's by 3.7 million tons, reaching 36.6 million tons. Export prices for Russian wheat have fallen, with further drops expected until at least May 18 due to continued Ukrainian supplies and favorable weather forecasts for crops in several countries. Jordan purchased 110,000 tons of feed barley, and Turkey is planning to purchase 695 thousand tons of wheat in a tender on March 28. Domestic wheat prices in Russia are also decreasing.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The downward trend in prices continues Wheat exports in July-March of the 2022/23 season will exceed exports for the entire last season by 3.7 million tons and reach 36.6 million tons, according to the materials of the Rusagrotrans analytical center available to the magazine pole.rf. “The forecast for wheat exports in March 2023, including the EAEU countries, has been increased from 4.6 million to 4.7 million tons. About 3.5 million tons have already been shipped from March 1 to March 22. In general, in July-March 2022/23, wheat exports will exceed exports for the entire previous season and amount to 36.6 million tons (the entire 2021/22 - 32.9 million tons),” the materials say. Export prices Export prices for Russian wheat with 12.5% protein for delivery in March-April fell to $272-273 per ton FOB (-$12.5 versus the previous week). American wheat fell to $293 per ton (-$5), French - to $275 per ton (-$14). Prices for Russian wheat for delivery in the new season fell to $265 per ...

Source: Zol