News

Will the record wheat harvest remain in Russia?

Wheat
Russia
Published Sep 30, 2022

Tridge summary

President Putin said that they expect the wheat harvest this year to set a new record with 150 million tons. However, exporters have difficulty in transporting wheat to foreign markets due to transportation difficulties, increasing transportation costs and customs duties.

Original content

Moskovskiy Komsomolets newspaper wrote that if wheat is kept, prices will decrease. This means that agricultural producers suffer losses. Speaking to the newspaper, Duma Agricultural Commissioner Sergey Lisovski said that a record harvest of 2 million tons was achieved only in Kurgan Province, for example. The domestic market needs 700-800 thousand tons. This means that 1.2-1.3 million tons of this part should be exported. Lisovski pointed out that it is not profitable to sell Russian wheat ...
Source: Turkrus
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