How the Russian wheat exports change geography and what difficulties await

Published 2024년 11월 2일

Tridge summary

Russian wheat exports have seen a 7% decrease from last year, with a total of 25 million tons of main types of grain shipped since the beginning of the season, including 21.8 million tons of wheat. Despite the decrease, October 2024 saw a 1% increase in grain shipments compared to the same month last year, with wheat shipments also increasing by 10.8%. However, analysts predict a further decrease in Russian wheat exports by the end of the 2024/2025 season due to worsening harvest prospects and export restrictions, with the lowest export figure since the 2021/2022 season expected.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Wheat is one of the most popular grain crops exported from the Russian Federation. Today, the geography of its deliveries is changing, but there are also risks of a decrease in exports - for example, from the beginning of the season (from July to October), this figure was 7% lower than last year for the same period, according to the Russian Grain Union. In the long term until 2030, experts say, it will not be easy for Russian wheat to maintain its position in exports - this will be influenced by many factors. Which ones exactly, as well as what the situation with the future of wheat exports in general, is in the material of RZD-Partner. What are the numbers? According to Rosstat, as of October 1, 111.4 million tons of grain were threshed in farms of all categories (agricultural organizations, farmers, the population). This is 11.7% less than in the same period of 2023. As of October 1, agricultural organizations alone had threshed 73 million tons of grain (10.3% less than in 2023 ...

Source: Oilworld