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Russia Keeps Global Supplies High Despite Pandemic

Exports of Russian grain are expected to total 41.7 million tons

Transport belt conveyors

Exports of Russian grain are expected to total 41.7 million tons in the current agricultural season, according to the Russian Federal State Statistics Service. Supplies of wheat to the global market may reach 33.2 million tons, reports Hellenic Shipping News.

That’s in line with pre-pandemic projections from industry experts, who said in February deliveries could be in the range of 32 to 42 million tons.

In the previous, 2018-2019 agricultural season, Russia exported 35.2 million tons of wheat to the global market, after delivering a record 40.449 million tons in the previous season.

The head of the Ministry of Agriculture Dmitry Patrushev says this year’s figures could be even higher while the they do not include the results of mutual trade with the EAEU countries in May and June.

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