Turkish Grain Board buys first Russian wheat since Feb 2023

MOSCOW. Nov 28 (Interfax) - The Turkish Grain Board (TMO) has resumed purchases of Russian wheat, which were suspended in February 2023.

The state-owned Turkish institution bought 300,000 tonnes of wheat from United Grain Company on C&F terms, the Russian Union of Grain Exporters and Producers, citing a TMO notice to traders, reported on its Telegram channel. The price was not specified.

This is the first wheat purchase since February 2023. Turkey's wheat harvest fell to 17.9 million tonnes in the 2025/2026 season from 19 million tonnes a year earlier and a record 21 million tonnes in the 2023/2024. Given the strong harvest in the previous two seasons, the TMO stopped buying wheat abroad.

However, Russia continued to export wheat to Turkey through commercial channels. Russian Grain Union monitoring showed that Turkey was the second largest buyer of Russian wheat after Egypt in October, when wheat shipments to the country jumped 90% year-on-year to 883,000 tonnes.