News

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

Wheat
Russia
Maize (Corn)
Grains, Cereal & Legumes
Published Aug 30, 2023

Tridge summary

The Russian Federation has seen an increase in exports of main grain crops, including wheat, barley, and corn, compared to the same period last year. The volume of grain shipments in August is estimated to be 7.3 million tons, a significant increase from 5.8 million tons in August 2022. The demand for Russian wheat remains high, with Egypt, Algeria, and Turkey as the top buyers, though there has been a shift in the geography of exports to include more African and Latin American countries.
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

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. As Elena Tyurina, director of the union's analytical department, told Interfax, wheat shipments 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 entire August. It could amount to 7.3 million tons, which is almost 26% more than in August last year (5.8 million tons),” she said. Tyurin estimated wheat exports 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 may increase quite seriously - by 56%, to 191 thousand tons compared to 122 thousand tons last season,” she ...
Source: Zol
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