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Novorossiysk Grain Plant handled a record 8.4 million tonnes of grain in 2024, up 6.3% from 7.9 million tonnes in 2023. The terminal accounted for 15% of Russia's 2024 wheat shipments, and August and October were its busiest months.
Higher port throughput confirms Russian export capacity is growing, which adds to available supply in the Black Sea and slightly pressures wheat prices.
interfax.comJan 15, 2025After 163 past neutral logistics events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.1%), and -0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
