Little-Known Russia Wheat Exporter Jumps in Ranking
- Grain Gates shipped 7 million tons in the last season
- New company has links to major Russian exporter Demetra
Combine harvesters in a wheat field near Stavropol, Russia.
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
A company created in the wake of Russia’s invasion of Ukraine has become one of its major wheat traders in the space of a year.
Grain Gates LLC was the second-biggest shipper of Russian wheat in the 2022-23 season that just ended, exporting 7 million tons, according to data from analyst ProZerno. TD Rif remains in the top spot and has been the top exporter since the 2014-15 season.