News

Russia from August 1 to 27 increased grain shipments for export by 27%

Grains, Cereal & Legumes
Wheat
Russia
Published Aug 29, 2023

Tridge summary

From August 1 to August 27, the Russian Federation exported 6.4 million tons of main grain crops, which is a 27% increase compared to the same period last year. The export of wheat increased by 34%, barley by 18%, and corn by 56%. Demand for Russian wheat remains high, with countries like Egypt, Algeria, and Turkey being the top buyers. Deliveries to Africa and Latin America also saw significant growth, and offshore transshipment has been leading among the transshipment capacities. The price of Russian wheat remains stable at $250 per ton.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Moscow. August 28. INTERFAX.RU - From August 1 to August 27, the Russian Federation shipped 6.4 million tons of main grain crops for export, which is 27% more than in the same period last year, according to the monitoring of the Russian Grain Union. Elena Tyurina, director of the union's analytical department, told Interfax that shipments of wheat increased by 29%, to 5 million 355 thousand tons, barley - by 15%, to 910 thousand tons, corn - almost 1.6 times, to 166 .8 thousand tons. "In principle, it is already possible to estimate the volume of shipments of the main types of grain for the whole of August. It can reach 7.3 million tons, which is almost 26% more than in August last year (5.8 million tons)," she said. Tyurina estimated the export of wheat at 6.1 million tons (4.5 million tons a year ago, an increase of 34%), barley - at more than 1 million tons (844 thousand tons, an increase of 18%). "Corn shipments can grow quite seriously - by 56%, up to 191,000 tons against ...
Source: Interfax
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