Russia's Grain Exports Plummet 38% in July Amid Port Disruptions

Russia's grain exports plummeted by 38% in July 2026 due to disruptions at its ports, according to data from UkrAgroConsult. The country shipped 2.026 million tons of major grains during this period, a significant drop from the same month last year.

The steepest decline was seen in wheat exports, which decreased by 17.7% to 1.8 million tons. Corn and barley exports also suffered, with volumes dropping to 146,300 tons and 101,400 tons respectively from 521,400 tons and 567,000 tons last year.

The disruptions were largely caused by port attacks in the Azov-Black Sea basin. Novorossiysk remained Russia's largest grain export hub, but shipments there declined by 23.7% to over 1 million tons.

Despite these challenges, Russian wheat remains competitive on the global market, with prices at around $232 per ton in August. However, analysts warn that ongoing shipping disruptions and geopolitical risks could further reduce exports during the 2026/27 season.