Russian 2008/09 Grain Exports To Increase More Than 50Pct

This season (2008/09 MY) Russia will be able to export nearly 40 mln tonnes of grain as opposed to just over 26 mln tonnes in the previous season, reported Alexander Korbut, the vice-president of Russian Grain Union, on October 2 during the Seventh International Conference "Grain industry 2008".

4-grade soft wheat will form the main exports volumes of food grain. 3-grade wheat share will total 5-7% from the whole exports volume, according to A.Korbut. Logistics problems, especially lack of railway cars will be the main limitations for future exports.

According to the vice-president, Russia will harvest over 101 mln tonnes of grain, including 60 mln tonnes of wheat, 22 mln tonnes of barley and 6 mln tonnes of maize.