According to a report by Russia's “Kommersant”, due to the shift in cargo flows from the Azov-Black Sea region, it continues to increase the difficulty for Russian grain shippers to transport goods to Baltic Sea ports and the Eastern Railway Main Line by rail. Exporters reported issues such as the refusal or restriction of railway transportation applications, cancellation of agreements, shortage of boxcars, and vehicle delays. Azov - The Black Sea port has been affected by operational restrictions and damage to facilities, and capacity constraints have further increased. The Russian Agricultural Bank predicts that in 2026, the share of grain exports from the region in Russia's total exports will drop 18 percentage points year on year to 63%. In August, food shipments through major transit nodes in northwest China increased fivefold; the region's total exports rose 18.8% to 13 million tons. According to the price index center data, railway freight rates have risen sharply: food hopper freight prices to Baltic ports rose 25%; long-term container flat car leasing costs rose 26% month-on-month in October. Russian Railways said that it has priority transportation rights for food, and the company is increasing its capacity, but transportation approval also depends on the recipient's ability to receive the goods.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.