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    Home > Food News > Food Articles > Russia's wheat exports in 2021/22 will fall to the lowest level in five years

    Russia's wheat exports in 2021/22 will fall to the lowest level in five years

    • Last Update: 2021-09-10
    • Source: Internet
    • Author: User
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    Foreign media news on August 30: The consulting agency SovEcon released a report, lowering the forecast of Russian wheat exports in 2021/22 by 3.
    2 million tons to 33.
    9 million tons, which will be the lowest value since the export of 27.
    8 million tons in 2016/17
    .
     
    Reasons for lowering exports include reduced wheat production in Russia, slower exports, and fierce competition from other supplier countries
    .
     
    SovEcon predicts that Russia's wheat production in 2021 will be 76.
    2 million tons, which is lower than the 85.
    9 million tons in 2020, because the winter wheat planting area has declined, and the hot and dry summer weather has reduced the yield of spring wheat
    .
     
    SovEcon stated that Russia's wheat exports in August and the next few months will be relatively slow, partly because of the floating export tariffs that have been implemented since June
    .
    The government adjusts export tariffs every week, and tariff adjustments are difficult to predict
    .

     
    SovEcon said that August wheat exports are expected to be 4.
    3 million tons, a year-on-year decrease of 9%
    .

    Wheat exports
     
      Reasons for lowering exports include reduced wheat production in Russia, slower exports, and fierce competition from other supplier countries
    .
     
      SovEcon predicts that Russia's wheat production in 2021 will be 76.
    2 million tons, which is lower than the 85.
    9 million tons in 2020, because the winter wheat planting area has declined, and the hot and dry summer weather has reduced the yield of spring wheat
    .
     
      SovEcon stated that Russia's wheat exports in August and the next few months will be relatively slow, partly because of the floating export tariffs that have been implemented since June
    .
    The government adjusts export tariffs every week, and tariff adjustments are difficult to predict
    .

     
      SovEcon said that August wheat exports are expected to be 4.
    3 million tons, a year-on-year decrease of 9%
    .
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