Russia to increase grain export in 2008, 9.3MMT carryover from 2007

In 2008 Russia has significant opportunities to increase grain export volumes, reported Stanislaw Aleinik, the Deputy Minister of Agriculture of Russia, on July, 23.

According to S. Aleinik, the majority of Russian regions have already started the harvesting campaign, and to date yield exceed last year's levels. The country has already harvested 24 mln tonnes of grain (bunker weight) and the expected harvest in clean weight will total 85 mln tonnes of grain, he said.

The Ministry plans to export 14-15 mln tonnes of grain in 2008. Also Russia has in storage nearly 9.3 mln tonnes of wheat, barley and oats that remained from last year crop, added S. Aleinik.