Russian wheat exports in July 2026 may reach a minimum of 1.5… (млн · пшеница · июль)
Russian wheat exports in July 2026 may reach a minimum of 1.5 million tons, the lowest since 2017, due to navigation restrictions through the Kerch Strait and weak demand from Egypt and Turkey, according to multiple sources citing the analytical company 'SovEkon'.
Consensus
- The export of wheat from Russia in July 2026 may reach 1.5 million tons.
- This would be the lowest July export volume since 2017, when Russia exported 1.4 million tons.
- The average monthly wheat export over the past five years is 3.1 million tons.
- In July 2025, Russian wheat exports amounted to 2.1 million tons.
- Navigation restrictions through the Kerch Strait are a key factor in the projected decline.
- Weak demand from Egypt and Turkey contributes to the expected drop in exports.
Points of divergence
- On July 17, Minister of Agriculture Oksana Lut reported that over 21 million tons of grain were harvested in Russia since the beginning of 2026. — vedomosti
- On July 19, head of the federal center 'Agroexport' Ilya Ilyushin stated that agricultural exports rose by 26% year-on-year in the first half of 2026 and exceeded $20 billion, with grain and legume shipments increasing by 43%. — vedomosti
- In the first quarter of 2026, Russia exported over 9.1 million tons of wheat, a 14% increase compared to the same period in 2025. — vesti
Coverage (4 sources)
- July wheat exports may be the lowest since 2017 — Ведомости
- Analysts Expect Russian Wheat Exports to Drop to 2017 Minimum in July — Вести
- July wheat exports from Russia may be the lowest since 2017 — Коммерсантъ
- Russian wheat exports in July may reach minimum levels since 2017 — Интерфакс