News

Russia increased grain exports by 27% in August

Wheat
Published Aug 31, 2023

Tridge summary

Russia has seen a significant increase in grain exports, with 6.4 million tons exported from August 1 to August 27, a 27% increase compared to the same period last year. The export of wheat increased by 29%, barley by 15%, and corn by 1.6 times. The leading importing countries include Egypt, Algeria, and Kenya, while countries like Turkey have reduced their purchases due to hopes of cheaper wheat from Ukraine.
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, Russia exported 6.4 million tons of basic grain crops, or 27 percent more than in the same period last year. This was reported by Interfax with reference to the data of the Russian Grain Union (RGU). In particular, the supply of wheat increased by 29 percent or up to 5 million 355 thousand tons, barley - by 15 to 910 thousand, corn - by about 1.6 times to 166,800 tons. The head of the analytical department of the union, Elena Tyurina, also predicted the total supply of grain of all categories for the current month. According to her, they will amount to 5.8 million tons, or 26 percent from the same month last year. Most noticeably, the indicator should increase for corn - by 56 percent or 69,000 tons. Less in percentage terms, but much more in volume terms, wheat exports are expected to grow by 34 percent or 1.6 million to 6.1 million tons. Barley is projected to grow by 18 percent, from 844,000 to over a million tons. Also, since the beginning of the ...
Source: Rosng
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.