tradologie email id tradologie email id +91 85959 57412

Russia, for the First Time this Season, Exports More than Half of its Wheat Crop

Published Date: May 02, 2024

According to projections by the Institute for Agricultural Market Conjuncture (IKAR), wheat exports from Russia this season will set a record and surpass half of the output from the previous year for the first time. "Wheat exports will set a record this season." Exports will surpass 50% (of the cultivated crop) and approximate 56% of the overall yield for the first time. Naturally, the stocks also happen to be "sitting" in this instance. 

Still, though. In the history of the organisation's observations, this will be a first, according to Director General Dmitry Rylko of (IKAR). In July 2023–June 2024, he will export 52 million tons of wheat, according to his presentation, with a yield of 92.8 million tons. 48.1 million tons of the preceding crop year's crops were exported with a harvest of 104.2 million tons. is a next-generation, globally verified, transaction-oriented SaaS platform for B2B commodity sales and procurement that connects bulk buyers and bulk sellers of commodities, primarily of branded food and agro-commodities and facilitates operations for them. Wheat producers and wheat sellers can easily get the best price on the platform if they sell wheat in bulk while buyers can Buy Wheat in Bulk from vendors across the globe. There are no middlemen involved, and the company facilitates the entire process, which guarantees maximum profits in the shortest time-frame.

Russia's Share of Global Wheat Market Expected to Rise

The upcoming season will see a continuation of the current pattern of exports surpassing half of the produce. In 2024–2025, 52 million tons of wheat will be shipped overseas, while 93 million tons will be harvested, according to the ICAR's prediction. Rylko predicts that Russia will account for 25% of the global wheat market this season. IKAR's prediction indicates that grain exports might potentially reach 70.3 million tons this crop year, up from 62.2 million tons the previous year. A forecast of 68 million tons is made for the 2024–2025 season.

If you are a wheat importer wishing to import wheat in bulk or a Wheat exporter willing to export bulk wheat, then is the right platform for you. facilitates bulk agro-commodity sales and procurement across the globe. Through’s interface, buyers can avail the best qualities of agro-commodities in bulk at negotiable rates. The transaction oriented platform has 700,000+ verified buyers and about 70,000+ registered sellers of agro-commodities from over 100 countries.

To register as a buyer, click here. To register as a seller, click here

To stay updated with the latest happenings in the agro-trade industry, follow across all social media channels.


Connect with Us

I am* Seller Buyer
Select Country
Mobile Number
Add Comment

Most Relevant


Download Buyer App
Available on Android and Ios

Download Seller App
Available on Android and Ios