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Ministry expects grain exports at up to 35 mln tons in second half of agriculture year

Russia’s Agriculture Ministry said earlier that grain exports from Russia in 2022-2023 agriculture year (July 1, 2022 - June 30, 2023) might total 55-60 mln tons, while the export quota set for 2023 was not planned to be reduced

MOSCOW, February 6. /TASS/. Russia’s grain exports may total 30-35 mln tons in the second half of this agriculture year (July 1, 2022 - June 30, 2023), First Deputy Agriculture Minister Oksana Lut said on Monday.

"Twenty-nine million tons have been exported, and in the second half of this year we hope to export around 30-35 million tons. This is probably the most reasonable, achievable volume due to a large number of restrictions on the foreign market," she said.

Russia’s Agriculture Ministry said earlier that grain exports from Russia in 2022-2023 agriculture year (July 1, 2022 - June 30, 2023) might total 55-60 mln tons, while the export quota set for 2023 was not planned to be reduced. Earlier, the Economic Development Ministry’s Subcommission for Customs Tariff Regulation supported an increase in the tariff quota on export of grain out of Russia to non-EAEU countries equaling up to 25.5 mln tons from February 15 to June 30, 2023.