Russia plans to limit grain exports

Russia plans to introduce a quota on grain exports: from 1 January 2020 to 30 June 2020 for export you can send up to 20 million tons of grain. This is stated in the draft government resolution, which read “Vedomosti”. The document’s authenticity confirmed by two people close to major grain companies and had seen the text.

limit Under fall wheat, rye, barley, oats and corn, as they are important for the domestic market of Russia, told the interlocutors of “Vedomosti”. The restriction does not apply to seed crops.

the Implementation of the decision will deal with the Federal customs service to issue and control the sample quota, to publish information about the sample quota on its website.

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Earlier, the Ministry of agriculture was informed about the draft resolution on limitation of grain exports from the country, but the restrictions were not disclosed. The document should solve the problem of food security was mentioned in the project card.

the Minister of agriculture Dmitry Patrushev in December 2019, told “Kommersant” that Russia can develop a mechanism for the temporary restriction of export of grain. “They (mechanisms), in our opinion, could be included only when absolutely necessary, based on the market situation. And, in fact, to regulate and to provide for a ban on the export of more than a certain limit our export opportunities”, – explained the Minister. In Russia there is already a mechanism for export restrictions and export duties on the export of wheat, but now the duty is zero.

From the beginning of the agricultural season July 1, 2019, according to the FCS of Russia on December 19, 2019, exported 23 million tons of grain, reported the Ministry of agriculture. Grain exports from Russia in the first half of 2020 aktiviziruyutsya and may exceed the indicators 2019, predicted earlier Center agrobaltika of the Ministry of agriculture.

the Ministry of agriculture forecasts exports 45 million tonnes of grain in the 2019/20 season, including 36 million tonnes will be wheat exports, previously reported to the Agency.

“statements” sent a request to the Ministry of agriculture.