Georgia may replace Russian wheat with Kazakh or European wheat

Business Materials 23 August 2021 18:24 (UTC +04:00)

BAKU, Azerbaijan, August 23

Tamilla Mammadova – Trend:

Georgia may replace Russian wheat with Kazakh or European wheat, Trend reports via Georgian media.

Over the past 10 days, the price of Russian exports wheat has increased by approximately $20. Today, the price of Russian wheat per ton constitutes $280-$285.

As noted by the Georgian Flour Producers Association Levan Silagava, details will be specified after September 15, when wheat harvesting starts in Kazakhstan.

"As for Ukrainian wheat, the prices are always higher compared to Russian wheat. Therefore, over the past 10 years, we have imported Ukrainian wheat very rarely. Alternatives may be found in Romania, Hungary, France, but this year even EU courtiers have recorded an extreme rise in wheat prices. Now we remain in a waiting regime”, Silagava said.

Notably, from January through July 2021, Georgia imported 198,188 tons of wheat worth $46,387 million, including 171,832 tons were imported from Russia, 24,355 tons - from the US, and 2,000 tons from Kazakhstan.


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