# Russia boosts grain exports to 68.4 mln tonnes in 2023-24 agro season, 55.9 mln tonnes of wheat - analysts

> Russia exported 68.4 million tonnes of grain in the July 2023 to June 2024 season, including 55.9 million tonnes of wheat, according to the Russian Grain Union. Barley exports hit a record 6.9 million tonnes and corn shipments rose to 5.3 million tonnes.

- Date: 2024-07-02 · published 2024-07-02T12:00:00.000Z
- Category: report · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/14287-russia-boosts-grain-exports-to-68-4-mln-tonnes-in-2023-24-agro-season-55-9-mln
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Record barley and strong wheat exports add significant global feed grain supply, which is bearish for feed grain prices. The results beat the union's forecasts.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-07-28 | [Australia could increase wheat exports to 25 mln tons next season](https://feedsoft.ai/events/23721-australia-could-increase-wheat-exports-to-25-mln-tons-next-season.md) | -1.3% | +0.8% |
| WHEAT | 2024-09-30 | [Ukraine exported almost 6 mln tons of wheat](https://feedsoft.ai/events/14273-ukraine-exported-almost-6-mln-tons-of-wheat.md) | +0.6% | -6.3% |
| WHEAT | 2024-09-11 | [Grain Export via Russian Black Sea Deep Water Ports Up 32% YoY in August 2024 – SeaNews](https://feedsoft.ai/events/14274-grain-export-via-russian-black-sea-deep-water-ports-up-32-yoy-in-august-2024.md) | -1.7% | +4.3% |
| WHEAT | 2019-07-16 | [BLACK SEA WHEAT EXPORTS SEEN RISING IN 2019-20](https://feedsoft.ai/events/57938-black-sea-wheat-exports-seen-rising-in-2019-20.md) | -3.3% | -2.9% |
| WHEAT | 2023-05-31 | [Wheat prices fell by 2.5-4.7% against the background of the acceleration of sowing in the USA and an increase in crop forecasts in the EU and the Russia](https://feedsoft.ai/events/35987-wheat-prices-fell-by-2-5-4-7-against-the-background-of-the-acceleration-of.md) | -3.2% | +9.0% |
| CORN | 2019-05-31 | [In 2019/20 MY, five countries of the Black Sea region to produce almost 250 mln tonnes of major grains — APK-Inform](https://feedsoft.ai/events/58942-in-2019-20-my-five-countries-of-the-black-sea-region-to-produce-almost-250-mln.md) | -2.5% | +3.0% |
| CORN | 2017-08-22 | [Russia is No. 1 wheat exporter](https://feedsoft.ai/events/69499-russia-is-no-1-wheat-exporter.md) | -3.1% | -0.8% |
| CORN | 2023-05-29 | [Sorghum Exports and Production Expectations for the 2023/24 Season](https://feedsoft.ai/events/36000-sorghum-exports-and-production-expectations-for-the-2023-24-season.md) | -4.6% | -4.0% |

## Sources

- interfax.com: https://interfax.com/newsroom/top-stories/103918/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.