In its January review, the US Department of Agriculture increased the estimates for wheat exports and harvest from Russia by 1 million tons. This was reported by Interfax.
The new estimate for Russian Federation’s wheat exports is 51 million tons. At the same time, the wheat export forecast from the European Union decreased by 1 million tons to 36.5 million tons.
Russian wheat harvest forecast is currently 91 million tonnes.
Before that, Deputy Prime Minister of Russia Victoria Abramchenko declarationIt was stated that the country had previously harvested 147 million tons of grain, including approximately 95 million tons of wheat, in 2023. Abramchenko noted that, in general, it is possible to achieve a very good result on grain in Russia in 2023. At the same time, he said, “there were no dramatic events, no climate disasters, we were lucky with the weather.”
Room saidIt was stated that Russia will increase its exports of agricultural industrial products by 14% in monetary terms in 2023 compared to 2022. Abramchenko noted that Russia supplied food to 169 countries last year. The main partners were China, Turkey, Kazakhstan, Egypt, Belarus, India, Saudi Arabia and Uzbekistan.
Previously Abramchenko saidWhat about grain export taxes?