Russia to increase grains export next season – APK-Inform




According to the forecast of APK-Inform, Russia will export 46.9 mln tonnes of grains in 2020/21 MY, up 8.7% compared to the result of the previous season.

Wheat export could reach 37.5 mln tonnes (+8.7%), barley – 3.8 mln tonnes (+8.6%), corn – 4.3 mln tonnes (+7.5%).

Higher production of grains in 2020 will allow Russia to increase import volumes. The country could harvest 125 mln tonnes of grains, up 3.2% compared to the result of 2019/20 MY. Inner consumption of grains could reach 79.4 mln tonnes in 2020/21 MY that almost matches the figure of the current season.