News

Since the beginning of the agricultural year, the Russian Federation has reduced grain exports by 12% to 5.6 million tons

Wheat
Russia
Published Aug 16, 2022

Tridge summary

For a month and a half of the current agricultural year (started on July 1), the Russian Federation exported 5.6 million tons of main grain crops (wheat, barley and corn), which is 12% less than a year earlier, follows from the monitoring of the Russian Grain Union. As Elena Tyurina, director of the analytical department of the union, told Interfax, wheat exports decreased by 13%, to 4.672 million tons, barley - by almost 7%, to 682 thousand tons, corn - increased by 5.6%, to 160.4 thousand tons.

Original content

Daily shipments of wheat during this period amounted to 105.6 thousand tons against 121.4 thousand tons a year ago. "The trend of reducing the number of exported grain crops, which was noted in July, continued in August. Currently, 14 types of crops are exported, last season there were 27 at that time," the expert said. At the same time, the export geography has not changed. "The first place among the importing countries is occupied by Iran, which purchased 928,000 tons of wheat. But this is less than a year ago, when a little more than 1 million tons were bought," Tyurina said. "Turkey is in second place, having reduced purchases quite seriously - by 35%, to 913 thousand tons. A year ago, 1.4 million tons of wheat were shipped to this country." At the same time, Egypt increased purchases by 20% to 859 thousand tons. "A very active growth in purchases from Saudi Arabia - 3.8 times more than at the beginning of last season, in total, 448 thousand tons of wheat have been shipped to ...
Source: Zol
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