Russian Grain Exports Rise 30%, Rossiyskaya Gazeta Reports

Russia loaded 1.5 million metric tons of grain for export from July 1, some 30 percent more than a year earlier, Agriculture Minister Yelena Skrynnik said in an interview with state-run newspaper Rossiyskaya Gazeta.

The main buyers were Turkey, Egypt, Azerbaijan, Israel, and the European Union, she said. Russia will also deliver humanitarian supplies to Nicaragua and North Korea, she said, without elaborating on the size of the shipments.

Russia’s outbound flour shipments reached 600,000 tons so far this year, three times more than a year earlier, she said. A grain exports ban, applied from August until July 1 after the country’s worst drought in a half century, didn’t relate to flour this year.

To contact the reporter on this story: Marina Sysoyeva in Moscow at msysoyeva@bloomberg.net

To contact the editor responsible for this story: John Deane at jdeane3@bloomberg.net

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