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Russia’s grain exports in 2011 to reach 20-22 million tons – forecast

In early September, Russian Minister of Agriculture Elena Skrynnik predicted grain exports of up to 20 million tons

MOSCOW, September 22 (Itar-Tass) —— Russia’s grain exports in 2011 may reach from 20 to 22 million tons, a deputy minister of agriculture said on Thursday.

Speaking to journalists, Ilya Shestakov said that previous harvest forecasts of up to 90 million tons seem to be coming true. “But taking into account the carry-over grain (22.4 million tons as of July 1) and taking into account domestic demand ranging from 70 to 71 million tons, we believe that the export forecasts may amount to 20 - 22 million tons,” he said. “These are current export figures.”

In early September, Russian Minister of Agriculture Elena Skrynnik predicted grain exports of up to 20 million tons.

Russia’s grain export possibilities have considerably increased in the recent period. Addressing the fifth congress of the All-Russia Agrarian Movement on June 23 in Rostov-on-Don, Russian Prime Minister Vladimir Putin said Russia could export 15 million tons of grain in 2011.

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