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

Updated Mar 27, 2023
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 downward trend in prices continues “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 ton (-$5). Exchange quotes of wheat fell at least until May 18 amid continued supplies of Ukrainian wheat as part of a grain deal, as well as forecasts of favorable weather for crops in the EU, Russia, Ukraine and Argentina. Jordan purchased ...
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