The Ministry of Agriculture recently advised Russian exporters not to sell wheat on foreign markets for less than $240 per ton. But it is not certain that they will succeed.

Despite all the difficulties, grain exports from the Russian Federation this season can show the maximum values over the past few years.

What the farmers have been waiting for so long has happened: the Ministry of Agriculture is significantly reducing the export duty on wheat by changing the formula for its calculation.

In February, the rate of export of Russian wheat abroad decreased, but there is hope that they will be restored in the remaining months of the season.

If in 1991 about 2 million hectares were sown with millet in the Russian Federation, now it is no more than 240 thousand hectares.

In the current season 2022-2023 The Russian Federation exported about 40 million tons of grain. Such data are provided by the Ministry of Agriculture.

According to the forecasts of most analysts, this year one should not expect a grain harvest in Russia at a level of more than 127-131 million tons.

Christmas frosts in the central part of the country, as well as in other regions, can cause the death of a significant part of wheat and other crops sown «before winter».

If last year the government of the Russian Federation had to decide how to prevent a shortage of grain in the domestic market, now it faces the exact opposite task.

Most departments agree that stock trading in, for example, grain and oil would ensure transparency and fair prices.