Russian grain exports set to halve in September after Black Sea drone attacks

  • Russian companies redirected grain handling to Baltic and Arctic terminals after Black Sea drone attacks.
  • September rail applications for Ultramar reached about 260,000 metric tons for Egypt and Saudi Arabia.
  • Russian grain exports fell 31% in July-August and were estimated to halve in September.

Russian companies are redirecting grain shipments through Baltic and Arctic ports after Ukrainian drone attacks disrupted Black Sea trade. Ultramar, a fertilizer terminal at Ust-Luga, has begun handling grain, with September rail applications reaching about 260,000 metric tons for Egypt and Saudi Arabia. Modul and BSMZ in St. Petersburg are also accepting grain, while Russian Railways has prioritized routes to northern ports. Murmansk is preparing grain exports for October and has approved an initial 40,000-ton rail shipment from Stavropol. Russia exported 4.4 million tons of grain in July-August, down 31% year-on-year, while September exports are estimated at 2.45 million tons, half last year's level. Agriculture Minister Oksana Lut said Russia was successfully rerouting exports through the Baltic Sea, Caspian Sea and Far East.

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