September 23, 2011

Russia to export 22 million tonnes of grains

Russia is expected to supply 20-22 million tonnes of grains to foreign markets in 2011, said Ilya Shestakov, Deputy Minister of Agriculture of the Russian Federation.

He confirmed the previous forecasts of grain production at the level of 90 million tonnes in clean weight. But taking into account carry-over stocks of grains (as of July 1, the stocks totalled 22.4 million tonnes), the domestic consumption varying from 70 to 71 million tonnes, the Ministry believes that the forecast for grain exports will total 20 to 22 million tonnes.

In early September, Elena Skrynnik, Minister of Agriculture, said that the forecast of grain exports in the current year totalled 20 million tonnes.