Wheat

Russia is considering lifting grain export quotas


Russia is considering lifting the export quota for Grains, which traditionally applies in the second half of the season. This was stated to journalists by Deputy Prime Minister of the Russian Federation Victoria Abramchenko on October 11, Interfax reports.

The question is being edited. The harvest is big, so in principle there are probably no prerequisites for introducing quantitative restrictions.

Victoria Abramchenko

Deputy Prime Minister of the Russian Federation

Recall that the Ministry of Agriculture of the Russian Federation is currently the grain harvest this year at 150 million tons, including 100 million tons Wheat, forecast. According to the ministry, reaching this indicator will allow Russia to export 2022-23 million tons of grain in 50/60.

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