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Food market experts expect record wheat export from Russia in October

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Food market experts expect record wheat export from Russia in October

The Rusagrotrans analytical center confirmed that a record volume of exports of wheat produced in Russia is expected in October. We are talking about increasing the forecast to 5.9 million tons, according to TASS today, October 29.

“The forecast for wheat exports in October 2024 (taking into account the EAEU countries) has increased from 5.53 million tons to 5.9 million tons, which represents a historical record for export volume monthly and significantly exceeds last year’s level of 5.12 million tons. “ – says the official statement.

In total, during the period from July to October 2024, Russian wheat exporters can send about 20.8 million tons of products abroad.

“The volume is higher than the record level of the same period last year, when 20.2 million tons were exported.” – the analysts said in a statement.

Rusagrotrans also reported that in November 2023 the country exported 3.49 million tons of wheat.

Source

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