# Extra port capacity to boost Russia's grain exports | Agrifish  | POST Online Media

> Russia's Agriculture Minister Alexander Tkachev said expanding Russian port grain capacity will add about 30 million tonnes of annual exports from 2022. The Novorossiysk terminal modernisation would double capacity, with Taman and a new Far East terminal adding more. Russia's 2017/18 grain exports are expected to reach a record 45 million tonnes.

- Date: 2017-11-28 · published 2017-11-28T12:00:00.000Z
- Category: logistics · region Russia · magnitude low
- Page: https://feedsoft.ai/events/67830-extra-port-capacity-to-boost-russia-s-grain-exports-agrifish-post-online-media
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher future export capacity from Russia would add supply to world wheat markets, which is bearish for prices over the longer term. The near-term effect is limited because the projects take years to complete.

## Read by commodity

- CORN: neutral
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-09-20 | [Romanian port operators racing to boost grain operating capacity \| Reuters](https://feedsoft.ai/events/14365-romanian-port-operators-racing-to-boost-grain-operating-capacity-reuters.md) | -1.4% | -1.9% |
| WHEAT | 2017-05-09 | [Ukraine to expand grain transshipment capacity by 2020](https://feedsoft.ai/events/70860-ukraine-to-expand-grain-transshipment-capacity-by-2020.md) | -2.3% | +0.4% |
| WHEAT | 2020-06-18 | [Grain exports flow fast as pandemic lockdowns clear rail capacity - Grainews](https://feedsoft.ai/events/52629-grain-exports-flow-fast-as-pandemic-lockdowns-clear-rail-capacity-grainews.md) | +2.0% | -3.8% |
| WHEAT | 2018-07-24 | [Glencore seeking more capacity at Russian port \| World-grain.com \| July 23, 2018 19:11 \| World Grain](https://feedsoft.ai/events/63887-glencore-seeking-more-capacity-at-russian-port-world-grain-com-july-23-2018-19.md) | -1.0% | -0.2% |
| WHEAT | 2024-02-13 | [Ukraine on track to export all 2023 grain, says Britain \| Reuters](https://feedsoft.ai/events/14321-ukraine-on-track-to-export-all-2023-grain-says-britain-reuters.md) | -0.5% | -4.9% |
| CORN | 2021-05-23 | [Stranded grain ships to be towed to decongest port in Argentina - BusinessWorld Online](https://feedsoft.ai/events/47133-stranded-grain-ships-to-be-towed-to-decongest-port-in-argentina-businessworld.md) | -0.3% | +2.2% |
| CORN | 2021-07-19 | [New Terminal Expands Grain Handling Capacity for Ag Coast \| Feed & Grain](https://feedsoft.ai/events/45963-new-terminal-expands-grain-handling-capacity-for-ag-coast-feed-and-grain.md) | -1.1% | +0.0% |
| CORN | 2026-07-29 | [Russia grain export forecast cut as Azov navigation remains closed - The Sizov Report blog](https://feedsoft.ai/events/14100-russia-grain-export-forecast-cut-as-azov-navigation-remains-closed-the-sizov.md) | -1.3% | +4.4% |

## Sources

- poandpo.com: https://www.poandpo.com/agrifish/extra-port-capacity-to-boost-russias-grain-exports-28112017623/

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