According to foreign media reports, due to natural disasters such as fire and drought, Russia's food production last year reduced by one-third. To ensure stability in the domestic market, the Kremlin decided last year to ban grain exports. However, this year's situation is better than expected. Therefore, starting from July 1, Russia will resume the supply of grain to the international market.
Szov, manager of the Moscow Agricultural Consultancy Company, which is engaged in research on the agricultural market in Russia and neighboring countries, said that after satisfying the domestic market, Russia can have ten million tons of surplus food this year for export. But on the other hand, Russia may also be difficult to immediately become a major food exporter in the international market.
He said, “We expect Russia’s grain exports to be around 15 million tons this year, and it may be even more, depending on market demand and food prices in the international market.â€
Russia’s production this year is expected to be between 89 million and 90 million tons. Meteorologists have speculated from the rainfall in May and June that Russia will not experience the drought that it did last year.
Kiramousov, a farm manager in the Kursk region, believes that this year's harvest may be very good. He said they believe that the average Russian wheat harvest this year can be between 3 and 4.7 tons in one hectare, but of course it depends on how the rain falls. In their area, this year, the public good fortune, the harvest will certainly exceed 4 tons of a hectare.
The Russian government stated that while restoring exports, they will closely monitor the direction of the domestic food market. Once prices begin to rise, they will reserve 6 million tons of grain for stabilizing the market.
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