According to information RIA NewsRussia significantly increased its corn supply in the first four months of the 2023-2024 agricultural year. The supply volume increased almost 4 times compared to last season and reached 1.12 million tons.
Such indicators allowed Russia to replace falling Ukrainian exports. Ukraine’s corn export potential this season is expected to decrease by 30%, or 8.5 million tons.
There was also a significant increase in pea exports. In the four months from July to October, Russia supplied 1.593 million tons of peas, and in October alone it supplied 515 thousand tons of peas. During this period, the largest consumer was China, which purchased 674 thousand tons of peas.
In general, since the beginning of the season (from July 1 to November 1), the volume of grain exports from Russia has reached 26.5 million tons; This is 32% more than the same period of the previous season. Wheat supply especially increased by 32% compared to last season, reaching 22.4 million tons.
However, according to experts, grain shipments in October decreased compared to October last year. In particular, wheat supply decreased by 5.8% to 5.4 million tons. Barley shipments decreased by 33% to 407 thousand tons.
Formerly Russian Ministry of Agriculture offered It will ban the export of Durum wheat from the country from December 1, 2023 to May 31, 2024. This is reported in the draft government decision published on the draft regulatory legal acts portal.
Formerly Ministry of Foreign Affairs of the Russian Federation reported On the completion of negotiations on the processing of 1 million tons of grain in Turkey.