Russia's grain exports are forecast to drop to 55-60 million tons in 2024, down from 72 million tons in 2023.

Russia is forecast to export 55-60 million tons of grain in the current agricultural season, down from 72 million tons last year. The total grain harvest is projected at 130 million tons, including 83 million tons of wheat. Deputy Prime Minister Dmitry Patrushev attributes the drop to adverse weather conditions, but he remains optimistic about fulfilling domestic needs and maintaining exports due to advanced agricultural technology.

November 25, 2024
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