A sharp decrease in Russian grain exports with a decline in prices

Russian Deputy Prime Minister Dmitry Patroshev, the supervisor of agricultural affairs, said that the decrease in the global prices of grains, the main agricultural commodity in the country, has caused a sharp decrease in exports in recent months.

Wheat exports from Russia, its largest source in the world, decreased by about 30% on an annual basis in August by 10% in September, according to data collected by the consulting company Sofikon, despite expectations that indicate an abundant harvest this year.

“In 2025, the export revenues will generally see an increase in almost all sectors, except for grains, the situation is not very good,” Patroshev said.