Russian grain is flowing around the world in a way not seen since the last years of the Tsarist empire a century ago but the country’s export expansion looks set to hit a wall because of a lack of infrastructure.
While Russia has increased its capacity to export grain ninefold over the last 15 years even that impressive increase will not be enough to keep pace with its 2017-18 grain harvest which is expected to be a record 133 million tonnes.
Out of that crop, 44.5 million tonnes are earmarked for export, up from 37.7 million a year earlier, according to SovEcon …read more
Source: Protothema
