Russia reduced grain export shipments by 18% from May 1 to May 20

Russia shipped 3.394 million tons of grain for export from May 1 to 20, which is 18% less than in the same period last year, according to the monitoring of the Russian Grain Union. According to the director of the analytical department Elena Tyurina, wheat shipments decreased by almost 20%, to 2.7 million tons, corn – by 22.5%, to 286 thousand tons, barley – in line with the same period last season – 408 thousand tons. Egypt became the main buyer of Russian wheat during this period, but shipments fell to 457,000 tons from 590,000 tons a year earlier. Substantially less than last year’s shipments to Turkey – 127.4 thousand tons against 741 thousand tons respectively. At the same time, shipments to Bangladesh are actively growing – 197 thousand tons against 135 thousand tons a year earlier. Exports to Iran have also resumed their growth. Tyurina also drew attention to the countries where there were no deliveries of Russian wheat last season during this period. “A serious volume – ...