Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent in South Lebanon: Israeli drone strike targets vehicle on Zahrani - Tyre Highway.
Israeli media: Israeli Prime Minister's Office: The security cabinet has approved Netanyahu's proposal on Gaza.
Al Mayadeen correspondent: The Lebanese Council of Ministers approved the general objectives of the US paper unanimously by the ministers who remained in the session.
Hezbollah, Amal Movement ministers withdraw from the Lebanese cabinet session as it discusses the proposal of US envoy Tom Barrack.
Al Mayadeen correspondent: An Israeli drone bombed a car in the town of Kfardan in the Baalbek district.
Al Mayadeen’s correspondent: An Israeli raid targeted the outskirts of the town of al-Qatrani, Jezzine District
Al Mayadeen’s correspondent: Israeli warplanes launch a raid targeting the vicinity of the Burguz area
Al Mayadeen’s correspondent in southern Lebanon: An Israeli airstrike targeted the outskirts of Jbaa in the Iqlim al-Tuffah region
Al Mayadeen’s correspondent in southern Lebanon: An Israeli airstrike targeted the outskirts of the town of Ansar
Al Mayadeen's correspondent in southern Lebanon: Israeli warplanes launched a series of airstrikes on the al-Mahmoudiyah area

Russia aims to boost grains, vegoil exports to Iran

  • By Al Mayadeen English
  • Source: Agencies
  • 24 Jun 2025 22:22
3 Min Read

Russia is set to significantly increase grain and vegetable oil exports to Iran via the Caspian Sea, as Iran faces domestic crop shortfalls amid sanctions and rising food insecurity.

Listen
  • x
  • Russia aims to boost grains, vegoil exports to Iran
    Russian President Vladimir Putin, center, listens to Iranian Foreign Minister Abbas Araghchi during their talks at the Kremlin in Moscow on June 23, 2025 (AP)

Russia is preparing to ramp up exports of grains and vegetable oils to Iran through the Caspian Sea in the coming months, fueled by an expected bumper harvest and the lifting of previous trade restrictions, according to market analysts and traders on Tuesday.

Trade between Russia and Iran, both under heavy Western sanctions, rose by 16% in 2024 to reach $4.8 billion, much of it conducted via the inland Caspian Sea, which is bordered by Russia, Iran, Kazakhstan, Azerbaijan, and Turkmenistan.

"There is potential to increase our supplies of corn, barley, and sunflower oil to the Iranian market,"  said Andrei Kucherov, head of agriculture at Reksoft, a consulting firm partially owned by billionaire Vladimir Potanin’s Interros holding.

Igor Pavensky, chief analyst at rail logistics firm Rusagrotrans, projected that Iran could triple its wheat imports from Russia to between 3 and 4 million tonnes in the upcoming season. He also forecast a significant rise in imports of corn and barley, from 2.6 million tonnes to 3.6 million tonnes.

Russia expects record harvests

Iran is already the largest buyer of Russian corn and the second-largest buyer of its barley. After pausing wheat imports in 2023 due to a strong domestic harvest, Iran resumed purchases in March and became the third-largest buyer of Russian wheat by May.

Related News

Trump to host Armenia, Azerbaijan leaders for 'historic peace summit'

Trump to mediate Armenia-Azerbaijan talks in Washington

Dmitry Rylko, head of the IKAR agriculture consultancy, highlighted the favorable outlook for Russian crops, saying, "We are expecting a record sunflower seeds harvest this year. Corn, as well as barley and wheat, are in good shape. So we have all the possibilities there (to increase supplies to Iran)."

Russian traders noted that Iran has recently been inquiring about the pricing and availability of corn and barley. Discussions have also resumed with Afghanistan regarding food imports, according to a recent statement from an Afghan minister to Reuters.

Russia’s total grain harvest for 2025 is forecast at 135 million tonnes, including 90 million tonnes of wheat, an increase from 130 million tonnes and 83 million tonnes, respectively, in 2024. In contrast, Iran is facing a reduced harvest this year due to persistent drought.

Sanctions add pressure to Iran's food security

Iran’s ability to import food has been constrained by renewed US sanctions under the "maximum pressure" policy reintroduced in February, as well as surprise airstrikes by "Israel" in recent weeks, further straining the country’s economy.

With the new grain marketing year set to begin on July 1, Russian exporters are preparing to take advantage of a window of unrestricted trade that will last until February 2026, when export quotas are set to be reintroduced.

Though Russia imposed a zero export quota on corn and barley for the second half of the 2024/25 marketing year, effectively halting shipments, exports are set to resume next week. Iranian buyers are reportedly in active negotiations ahead of that reopening.

"There was healthy demand from Iran," said one trader, speaking anonymously. According to IKAR, Iran was the second-largest buyer of Russian grain after Egypt in the 2024/25 marketing season.

Another trader confirmed that corn and barley exports via the Caspian Sea are expected to resume after July 1, noting that corn made up 20% of Russia’s exports to Iran, while barley accounted for around 6%.

  • Russia
  • Grain export
  • Iran
  • Tehran
  • Kazakhstan
  • Turkmenistan
  • Azerbaijan
  • Moscow
  • Caspian Sea

Most Read

Shiekh Naim Qassem giving a speech commemorating the anniversay of martyr Mohammed Saeed Izadi, August 5, 2025, in Lebanon

Sheikh Qassem threatens 'Israel', warns against foreign intervention

  • Politics
  • 5 Aug 2025
UAE lodges complaint against Israeli ambassador over 'misbehavior'

UAE lodges complaint against Israeli ambassador over 'misbehavior'

  • Politics
  • 1 Aug 2025
Protesters chant anti-Israeli slogans as they carry a banner that reads:" Freedom for Palestine, Alliance stop the war," during a demonstration in support of Palestinians in Gaza, outside the Israeli embassy, in Athens, Monday, June 9, 2025 (AP)

Athens mayor slams Israeli ambassador over Gaza war, graffiti claim

  • Politics
  • 3 Aug 2025
Hezbollah says disarming Resistance is a blow to Lebanon’s sovereignty

Hezbollah to overlook cabinet decision; Amal urges corrective approach

  • Politics
  • 6 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Lebanese president Joseph Aoun, centre, leads a Cabinet meeting which is supposed to discuss the disarmament of Hezbollah, at the presidential palace in Baabda, east of Beirut, Lebanon, Thursday, August 7, 2025 (Lebanese Presidency press office)
Politics

Hezbollah, Amal ministers walk out of cabinet over US disarmament plot

Trucks carrying humanitarian aid, line up as they wait to enter Rafah crossing between Egypt and the Gaza Strip, Wednesday, Aug. 6, 2025. (AP Photo/Khaled Elfiqi)
Politics

Only 188 of 800 promised aid trucks entered Gaza: Euractiv

Prime Minister Narendra Modi of India listens to Britain's Prime Minister Keir Starmer as they meet for bilateral talks at Chequers near Aylesbury, England, Thursday, July 24, 2025 (AP)
Politics

Trump doubles tariffs on India over Russian oil despite partnership

Ansar Allah leader Sayyed Abdul-Malik Al-Houthi during a speech in Sanaa, Yemen, August 7, 2025 (Al Mayadeen screengrab)\
Politics

Al-Houthi slams Gaza blockade, warns against disarmament, aggression

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS