The Ministry of Agriculture (Ministry of Agriculture) will not revise the quota for grain exports from Russia until the end of the current agricultural year – until June 30, 2023. However, the agency may redistribute it in favor of more active exporters, opens The words of Oksana Lut, First Deputy Minister of the Ministry of Agriculture, press service of the Ministry of Agriculture.
The current volume of the export quota (25.5 million tons of grain) is set to be valid from February 15 to June 30, 2023. He stated that at the beginning of this period, the grain export was 35 million tons and the season target was 60 million tons.
“The target indicator will make it possible to build up the necessary stocks and ensure the country’s food security. In this context, no quota increase is planned. At the same time, based on the analysis of the February-April data, the Ministry of Agriculture can consider the possibility of redistribution in favor of exporters who work more intensively than companies that do not select them.
February 21 Russian President Vladimir Putin declarationThat Russian farmers will send up to 60 million tons of grain to foreign countries by June 2023. In total, in the current agricultural year, local companies harvested a record 150 million tons of grain, including more than 100 million tons of wheat.
Source: Gazeta
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