Union of Exporters: Russian grain exports have updated their historical record since the beginning of the season

Published 2023년 12월 26일

Tridge summary

Despite difficulties in servicing supplies, the Russian Federation broke records for grain exports in the first half of the 2023-2024 agricultural year, with 30.8 million tons exported, including 23.7 million tons of wheat, showing a 33% and 23% increase respectively compared to the previous year. Indonesia, which did not import from Russia the previous year, has become a top importer, purchasing 892 thousand tons of wheat. Some traditional importers of Russian wheat, such as Turkey and Egypt, showed a decrease in purchases compared to the previous year, but the Union of Grain Exporters believes they have a chance to increase purchases in the second half of the agricultural year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the first half of the 2023-2024 agricultural year (from July 1, 2023 to June 30, 2024), the Russian Federation updated the record for grain supplies for export, despite difficulties with servicing supplies, according to the materials of the Union of Grain Exporters. “There are already serious results that we can talk about. Grain exports since the beginning of the season have been breaking historical records; as of mid-December it amounted to 30.8 million tons (plus 33% compared to the previous agricultural year), of which 23.7 million tons (plus 23% ) - wheat. This is an exceptional result, given the continuing difficulties with calculations and financial support of transactions," says the union's Telegram channel. Among the importers of Russian wheat, Indonesia is noted there: last year it did not import from Russia at all, but this year it “broke” into the top ten, purchasing 892 thousand tons of wheat since the beginning of the season. “In Australia, the main supplier of ...
Source: Zol

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