Russia to export up to 45 mln tonnes of grain in 2017-2018 agriculture year - minister

02.10.2017

Russia may export up to 45 mln tonnes of grain in 2017-2018 agriculture year, Agriculture Minister Alexander Tkachev said Thursday.

"As of today, grain exports have exceeded last year’s result by a third, more than 10 mln tonnes of grain have been exported, including almost 8 mln tonnes of wheat. The plan is to export almost 45 mln tonnes (of grain), including 30 mln tonnes of wheat if the global market situation remains favorable," he said.

Meanwhile, the Minister expects Russia to regain its global leadership in terms of wheat export during this season.

Russia exported record 35.5 mln tonnes of grain in 2016-2017 agricultural year ended on June 30, including 27.1 mln tonnes of wheat.

The US Department of Agriculture released the results of last season, saying that the country’s wheat exports amounted to 28.1 mln tonnes. Thus, Russia ceded global leadership in terms of wheat export to the United States, but remained among the top three wheat exporters.

In 2015-2016 agricultural year, Russia exported 24.6 mln tonnes of wheat, which made it the world’s biggest wheat exporter in the period.


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