Russia will receive a second historic harvest in terms of grain volume in 2023
Grains, Cereal & Legumes
Market & Price Trends
Published Nov 29, 2023
The Russian Ministry of Agriculture has announced that 98% of the grain and leguminous crop has been harvested, with over 151 million tons of grain received, including 99 million tons of wheat. This surplus will allow Russia to send record volumes of grain to foreign partners, exceeding 65 million tons per season. The ministry also reported significant increases in the production of rice, buckwheat, oilseeds, potatoes, vegetables, and sugar beets, creating a reliable basis for the country's food security.
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According to the minister, the harvesting campaign is almost completed, approximately 98% of the grain and leguminous crop has been harvested. More than 151 million tons of grain were received, including almost 99 million tons of wheat. “Due to this, we will not only completely cover domestic needs, but will also be able to send record volumes of grain to our foreign partners. According to plans, this is more than 65 million tons per season,” said Dmitry Patrushev. The head of the Ministry of Agriculture also noted a significant increase in the production of rice and buckwheat - socially significant crops. The rice harvest is expected to exceed 1.1 million tons, which is 24% higher than last year. The buckwheat harvest reached 1.6 million tons, which is one of the highest results for Russia. In addition, this year there was a noticeable increase in the production of oilseeds, potatoes, vegetables and sugar beets. According to Dmitry Patrushev, thus, the Russian agro-industrial ...