Russia’s grain shipments drop by half — RT Business News


Grain shipments from Russia have more than halved due to traffic restrictions at sea and river ports, the country’s grain union said on Wednesday.

Before the current situation [the war in Ukraine and sanctions on Russia], daily grain shipments from Russia amounted to 100,000 tons. Now the volume is less than 40,000 tons“Said union president Arkady Zlochevsky, quoted by RIA Novosti.

Not only shipping via the Sea of ​​Azov, home to several major Russian ports, was halted, but also shipments on river and sea routes in the Azov Basin, Zlochevsky explained, adding that only long-term contracts term were currently allowed to be fulfilled.

READ MORE:
China lifts all restrictions on wheat imports from Russia

Russia is the world’s largest wheat exporter, accounting for more than 18% of international exports. Along with Ukraine, which has also stopped shipping grain, the two countries account for about 30% of global wheat supplies. The crisis threatens to push food prices around the world to a record high.

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