Volga Baikal AGRO NEWS Update on the Grain Transportation !!!
Average daily loading of high-yield cargo has updated an 18-year record.
Yesterday, during an operational meeting, Alexey Shilo, Deputy General Director of JSC “Russian Railways”, noted that the holding company is improving the performance of high-yield cargo transportation. According to him, in October of this year, the loading of goods of the 2nd tariff class is 1 million 62 thousand tons on average per day. This is an absolute record since 2003, when the average daily loading was 931.3 thousand tons. Grain and oil became the drivers of loading growth. This trend, according to market participants, will continue until the end of the year.
The second tariff class is cargo such as grain, oil, mineral fertilizers.
According to the information from the Russian Railways, during the first nine months of 2021, grain handling amounted to 18 million tons, while in 2020 – 18.3 million tons. Despite the decline in dynamics, grain is also considered a loading driver. Compared to 2020, the indicators dropped by 1.5%, since last fall, historically record shipments of grain were recorded through the Russian Railways network against the backdrop of a high harvest.
According to Igor Pavensky, head of the Rusagrotrans analytical center, this season there were severe crop failures in the Urals and the Volga region, but the indicators of grain transportation are still high. Now in the domestic transport there is a high demand for the transportation of grain products by rail. This is due to several factors. First of all, it was influenced by the growth of export duties and the reduction of grain shipments abroad. Also, along with a poor harvest in one region of the country, there is a record harvest in Siberia.
“Russian consumers, including those from the northwestern part of the country, have begun to buy more actively. In October, railroad transportation of grain within the country can reach 850 thousand tons, which is one and a half times higher than in September – 562 thousand tons. The main directions are from Siberia to the Urals (affected by the summer drought) and to the Eastern Volga region, as well as from Siberia and central regions to the North-West,” – concluded Igor Pavensky.