In the first month of the new marketing year Russia exported 2.8mmt of grains.
That’s an increase of 17.5% compared with the same period last year.
Presumably it’s a case of sell while you still can although long term I can’t see sanctions having any meaningful impact on grain exports from Russia, people have to eat.
Meanwhile in Ukraine sea ports continue to increase grain exports.
According to APK-Inform, last week grain exports increased to 494kmt from the previous weeks 463kmt.