In August Russia will export nearly 3-3.1 million tons of grains, as opposed to 4.2 million tons in the same month last year, the Deputy Director of the strategic management department at Rusagrotrans CJSC Igor Pavensky announced.
At the same time, he noted that the previous forecast totaled 3.5 million tons, but Rusagrotrans had to reduce the volumes due to low activity of applications for deep-sea ports, and rather limited availability of high-quality grains.
However, Pavensky added that the updated forecast still exceeded the export volumes in July 2016 (2.05 million tons).
The export volumes will recover to their traditional rates in September-October due to high rates of the harvesting campaign and increase in the expected grain harvest in the current year. Also, in September-October the supply volumes of high-quality wheat in Russia will become more balanced, and exporters will adapt to the current situation with grain quality and increase the exports of wheat with lower protein content, said the expert. (APK-Inform/Business World Magazine)