Russia, despite the New Year holidays, continued to ship grain for export. From January 1 to January 8, exports increased nearly 1.8 times and exceeded 1 million tons. These are the results of monitoring by the Russian Grain Union.
Director of the analytical department of the union Elena Tiurina It specified that the volume of exports of wheat doubled to 963,000 tons against 480,000 tons in the same period in 2022. The export of corn also increased by 27%, to 44.5 thousand tons.
“Therefore, the demand for Russian wheat remained at a high level during the New Year holidays,” Tyurina Interfax quotes. “Daily shipments of grain amounted to 120 thousand tons, last year for the same period – 60 thousand tons.”
According to her, the active buyers were countries that led in purchasing in the first half of the current agricultural year. Thus, 191.5 thousand tons were shipped to Egypt against 103 thousand tons the previous year.
In the first days of January, 132,000 tons were sent to Pakistan, shipments to Algeria intensified. Oman, Kenya, Tanzania, Qatar have become new buyers for this time of year, there were no shipments to these countries last January.
“Nearly threefold – from 52,000 tons to 155,000 tons – shipments to Turkey increased, which indicates that Ukraine has run out of export opportunities for grain supply through the grain corridor,” says the expert.
Tyurina notes that in the first half of the agricultural year, Turkey bought more Ukrainian grain.
