Russia increased grain shipments for export by 13.4% from August 1 to 20

Published 2023년 8월 22일

Tridge summary

Shipments of wheat from Russia have increased by 17% compared to the same period last year, reaching 3.8 million tons. The director of the analytical department of the Russian Grain Union expects exports in August to exceed 5 million tons, surpassing last year's record of 4.5 million tons in August. There has been growth in exports to African and Latin American countries, with new markets being established in Tunisia, Mozambique, Ghana, Eritrea, and other countries.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the monitoring of the Russian Grain Union, shipments began to grow last week and in general for the period from August 1 to August 20 amounted to 4.4 million tons, which is 13.4% more than in the same period last year (3.9 million tons) . As Elena Tyurina, director of the analytical department of the union, told Interfax, 3.8 million tons of wheat were shipped, which is 17% more than last year (3.25 million tons). "The active growth in wheat sales allows us to expect that exports in August will exceed 5 million tons. Last August it was 4.5 million tons, the record was August 2021/2022 of the agricultural year, when exports exceeded 6 million tons of wheat," she said. Tyurina also said that shipments of barley since the beginning of the month decreased by 4.6%, to 540 thousand tons, corn - increased by 1.7%, to 79.5 thousand tons. According to her, most of all wheat was shipped to Egypt from 1 to 20 August - 358,000 tons. But this is 62% less than a year ago. In second ...
Source: Agro2b

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