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Russian grain exports may reach 42 million tons in 2021-2022 agricultural year

Russia
Published Nov 30, 2021

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The volume of Russian grain exports in the 2021-2022 agricultural year (from July 1, 2021 to June 30, 2022) may reach 42 million tons, including 33 million tons of wheat, President of the Russian Grain Union Arkady Zlochevsky told reporters on Monday. "This season there is a risk that we will not ship 46 million tons, and exports will be significantly lower - we estimate it approximately at 42 million tons in general, of which around 33 million tons of wheat," he said. Zlochevsky noted that in general, the export potential is 46 million tons for all grains, including 35 million tons of wheat. But "it is not a fact that we are implementing it, judging by the current rate of export, under the current regulation," the head of the union added. Such a rate of export will lead to the formation of reserves, and by the end of June, the approximate reserves will exceed 27 million tons. This season, reserves in Russia were 29 million tonnes, which is a very high level. "If the export ...
Source: Zol
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