Russia Is Shipping Wheat at at ‘Rapid’ Clip in the Midst of War
- Exporters resolving problems with vessels, payments: SovEcon
- Volume tops last year’s yet remains substantially below 2020
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Russia boosted wheat shipments by about 60% in March, despite that being the first month of its invasion of Ukraine.
The country exported about 1.7 million tons last month, according to consultant ProZerno. That compares with 1.1 million tons sold in March 2021, though those sales were stifled by shifts in government grain-export taxes. The most-recent volume still is only about half of March 2020.