MOSCOW TIME: 31.07.2021 15:54:27

Export/Import

Russia may export up to 52 mln tonnes of grain in 2018 agricultural season expert

Russia may export up to 52 mln tonnes of grain in 2018 agricultural season  expert

Russia may export up to 52 mln tonnes of grain in the 2018 agricultural season, including up to 40 mln tonnes of wheat which is a record figure, chief executive of the Institute for Agricultural Market Studies (IKAR) Dmitry Rylko told reporters during a conference call.

"There is a possibility that the volume of wheat exports, taking into account the illegal exports to Kazakhstan, that took place this year (up to half a million tonnes ) will total 40 million tonnes. This is, of course, a colossal record. Last year, for the first time in history we exported 27 mln tonnes (of wheat) and it seemed to be a record. This year wheat exports may reach 40 mln tonnes. As for all cereals, according to our estimates, exports may amount to 51-52 mln tonnes," Rylko said.

In late March, Russia’s Agriculture Minister Alexander Tkachev said his ministry forecasts grain exports in 2017-2018 agricultural year at of 52-53 mln tonnes.

Earlier, the Agriculture Ministry forecasted, export of grain in the amount of 45-47 mln tonnes. However, on March 16, 2018, Anatoly Kutsenko, head of the Department of Economics, Investments and Regulation of the Agro-Industrial Market at the Agriculture Ministry, said that Russia's export potential is 50-52 million tonnes. At the same time, the export of wheat will reach 36-37 million tonnes.


Source: www.tass.com


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