00:00Ukraine's defense forces have closed the Black Sea to grain exports
00:05Russians.
00:06Russia has acknowledged that the Black Sea route is paralyzed following a series of attacks
00:11Ukrainians and is studying the possibility of exporting grain via the maritime route
00:17northern.
00:18However, experts doubt that this route can compensate for the loss of capacity.
00:23of the Black Sea.
00:24The Deputy Minister of Agriculture of the Russian Federation, Maxim Borovoy, announced that it is possible
00:29The possibility of using the Arctic route is being considered, according to the social network.
00:35Russian for farmers, Agrobuk.
00:37According to him, until now the northern maritime route had barely been considered as a way
00:43for grain exports, but the situation has changed.
00:46However, the official did not specify the exact volumes of grain that could
00:51to travel along that route.
00:53Meanwhile, the Russian grain sector is much more skeptical about the
00:58government plans, The Moscow Times reports.
01:01Arkady Slochevsky, president of the Russian Grain Union, stated that currently there is no
01:06There is a complete alternative to the Black Sea ports.
01:10For example, to export via the Baltic Sea, Russian companies would have to
01:15resorting to the ports of Latvia and Lithuania, provided these countries were willing
01:20to accept said cargo, while the Visosk grain terminal, in the Leningrad region,
01:26It has a capacity of approximately 3 million tons per year.
01:30By way of comparison, under normal conditions Russia is able to export a volume of grain
01:36equivalent to that figure in a single month through its Black Sea ports.
01:41The problem now goes beyond export logistics and is beginning to have a direct impact
01:46to Russian agricultural producers.
01:49Slochevsky warns that, due to oversupply, domestic grain prices are
01:54Prices are falling and purchases have practically stopped, putting preparations at risk.
02:00for the autumn planting season.
02:02"There's nowhere to put the harvest," complained the head of the Grain Union.
02:07Farmers now need to buy fuel, fertilizers, seeds, and other inputs to
02:13the planting. But due to the drop in their income, many farms lack funds
02:18enough.
02:19According to analysts, the situation in the Russian grain sector is deteriorating.
02:24an extraordinary pace due to the attacks against ports and oil refineries.
02:30Farmers cannot export the grain, they cannot afford its transport, they do not have
02:35They lack sufficient storage space and have no guarantee of having fuel.
02:40Enough to sow before September. Export options by rail.
02:45and across the Caspian Sea are limited. The latter is economically viable.
02:50for transport, while the first is not. But even by that route, there is no
02:56Buyers willing to accept the more than 30 million tons of grain that Russia
03:00It will not be able to export if the situation persists until July 1st of next year.
03:05Due to the closure of the grain terminals in Novorossiya and Taman, a large number of
03:10Grain trucks remain idle in southern Russia. Transfavorit, the company that operates them, is responsible for the operation.
03:15A fleet of 200 leased trucks specializing in grain transport has seen its business decline.
03:20revenues down 90% with its entire fleet grounded.
