The Russian government weighs another extension of rice export restrictions to mid-2024

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The Russian government is considering extending the current restriction on rice exports, with a draft decision that would push the moratorium to the end of June 2024. The proposal is described in a government-federal portal draft intended to prepare regulatory acts for implementation.

According to the draft, the Ministry of Agriculture recommends continuing the export ban on rice and rice grains from January 1 through June 30, 2024. The extension would carry the current cap through the summer of 2022. Officials say the move is aimed at safeguarding the country’s food security and supporting the livestock sector, which relies on stable staple supplies.

The ban is planned to exclude humanitarian aid and deliveries within the Eurasian Economic Union (EAEU). It also does not apply to shipments of rice to Baikonur and Spitsbergen when these are part of supplies for Russian military units stationed abroad. Previously, the government extended the restriction twice in response to evolving market conditions, and the current version remains in force through the end of the 2023 calendar year. Cited from the Government portal, this policy reflects ongoing attempts to balance domestic supply with international trade considerations.

In August, observers noted that the Rapeseed export ban had also been extended, underscoring a pattern of using export controls to stabilize domestic markets during periods of price volatility and uncertain harvest conditions. Market analysts in Russia and neighboring regions have discussed potential implications for farmers, processors, and downstream buyers during the coming year. Official statements emphasize strategic stock management and the need to protect consumers from price spikes while maintaining the country’s agricultural export framework. This context helps explain why policymakers continue to evaluate export restrictions across related crops, including rice and grains. Cited from the government information portal, the current policy remains under review as market signals evolve.

Earlier, the Russian Grain Union voiced support for restricting grain exports, aligning with broader concerns about domestic food availability and price stability. Industry groups have stressed the importance of a predictable policy environment to plan planting, storage, and distribution activities. The ongoing dialogue between government agencies and agricultural associations suggests a coordinated approach to manage supply chains and maintain domestic affordability during periods of global market fluctuations. The latest updates reflect continued vigilance over agricultural exports and food security priorities in the region. Cited from the government portal, the stance prioritizes national interests while allowing for exceptions where humanitarian or alliance-based obligations arise.

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