Russia's wheat exports drop in 2025 due to poor harvests, competition, and export restrictions.

Russian wheat exports are expected to be lower in January 2025 compared to January 2023, due to increased competition from Argentina and Australia. Egyptian demand remains strong, but overall exports have dropped due to a poor harvest in 2024, affected by weather and supply chain issues. Russia's wheat output fell by 16%, and the government has restricted exports to stabilize domestic prices, reducing the wheat export quota and banning rice exports.

2 months ago
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