The West appreciated the role of Russia in the supply of grain
Russia
Published May 14, 2022
Tridge summary
The global food market is anxiously following the reduction in the supply of grain crops from the Black Sea ports and hopes that Russia will increase its exports due to the rich harvest of 2022. According to the calculations of the business intelligence department of the American company S&P Global Market, in April 2022, the total number of shipments of grain crops to bulk carriers in the Azov-Black Sea region fell by 35% compared to the same period last year, to just 4 million tons.
Original content
The global food market is following with concern the reduction in the supply of grain crops from the Black Sea ports and hopes that Russia will increase their exports due to the rich harvest of 2022. According to the calculations of the business intelligence department of the American company S&P Global Market, in April 2022, the total number of shipments of grain crops to bulk carriers in the Azov-Black Sea region fell by 35% compared to the same period last year, to just 4 million tons. At the same time, shipments of corn decreased by 76% (to 891 thousand tons), and barley - by 82%, to 65 thousand tons. At the same time, wheat exports, compared to April 2022, on the contrary, increased by 44% (!), to 3 million tons. Specialists of S&P Global emphasize that during the period under review, the supply of grain by sea from the Azov-Black Sea region decreased to almost all areas of traditional export - to the countries of North and West Africa, the Middle East, North-West Europe, ...
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