28.04.2020, 12:19
Experts: Russia's Suspension of Grain Exports Will not Affect Supply Volumes
Source: OREANDA-NEWS
OREANDA-NEWS. Temporary suspension of grain exports from Russia will not affect the total volume of product deliveries and will not lead to stagnation of agricultural enterprises, since grain has already been contracted and shipments under the previously concluded agreements continue. This measure will help stabilize grain prices on the domestic market while waiting for a new crop, regional media and industry experts told the Russian media.
As reported on April 26, Russia suspends grain exports until July 1 to states that are not members of the Eurasian Economic Union. According to the Ministry of Agriculture of the Russian Federation, on April 26, the non-tariff quota for grain exports from Russia in the amount of 7 million tons, which was established on April 1 of this year, was selected in full.
Interviewed industry experts believe that restrictions will not affect the quality of grain and, most likely, will not be continuous. “Now it’s a very comfortable price, which has not been around for a long time - from 12 to 14 thousand rubles per ton.
As reported on April 26, Russia suspends grain exports until July 1 to states that are not members of the Eurasian Economic Union. According to the Ministry of Agriculture of the Russian Federation, on April 26, the non-tariff quota for grain exports from Russia in the amount of 7 million tons, which was established on April 1 of this year, was selected in full.
Interviewed industry experts believe that restrictions will not affect the quality of grain and, most likely, will not be continuous. “Now it’s a very comfortable price, which has not been around for a long time - from 12 to 14 thousand rubles per ton.
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