According to the Russian official journal "Economic Life" of the 31st May, 1924, the amount of grain exported during the agricultural year 1923–24 was 175,000,000 poods, or 2,822,580 tons. Other estimates give a lower figure of some 2,400,000 tons. As regards the exportable surplus of grain for this year, I am not in possession of sufficiently reliable information to form an accurate estimate, but the indications would appear to point to a diminished harvest.