Putin refuses to extend the grain agreement, while grain exports from the Russian Federation are breaking records

At a meeting with the President of Turkey, Putin said that the Russian Federation will return to the grain agreement only after its conditions are met: Russian grain and fertilizers are removed from sanctions, and banks are connected to SWIFT.

The terrorist country blackmails the world with hunger, does not compromise and puts forward new conditions, claiming that the West is deceiving it. At the same time, Putin promised to help African countries with grain, delivering 1 million tons of wheat to Turkey for further processing and free shipping to the poorest countries. An alternative to the grain agreement could be an agreement between Turkey, the Russian Federation and Qatar to supply 1 million tons of grain to the poor countries of the world.

In addition, Putin stated that the issue of resolving the war in Ukraine was not discussed during the meeting with Erdogan.

According to the Russian Grain Union, in August the Russian Federation exported the largest 7.7 million tons of grain in 7 years, which is 32% higher than in August 2022. Thus, wheat exports in August grew by 36.6% compared to the same period last year to 6.5 million tons (which almost corresponds to the record 6.6 million tons of August 2021/22 MR), barley - by 7% to 997 thousand tons, corn - by 1.9 times to 212 thousand tons.

In 2023/24 MR, the export of the main agricultural crops from the Russian Federation increased by 1.6 times compared to the corresponding period of the previous season, from 8.5 to 13.3 million tons, in particular wheat - by 1.5 times to a 7-year maximum of 11 million tons .

The main buyer of Russian wheat in August was Egypt, where 910,000 tons were delivered (35% less than in August 2022). In second place is Algeria, to which deliveries increased 7 times to 610 thousand tons. Next comes Turkey, to which deliveries decreased by 32% to 481 thousand tons. At the same time, deliveries of Russian wheat to Kenya increased 12 times to 444 thousand tons, Bangladesh - up to 319 thousand tons, Brazil - up to 253 thousand tons, Mexico - up to 124 thousand tons, Indonesia - up to 134 thousand tons, while in August 2022 the Russian Federation did not supply grain to these countries.