EconomyEditor's PickRussia forecasts grain exports at 55-60 million tons

January 22, 2023

MOSCOW — Russia’s Agriculture Ministry said it expected Russia to export 55-60 million tons of grain in the 2022/23 season, and that it had no plans to lower the grain export quota, according to the Interfax news agency.

President Vladimir Putin said earlier last week that Russia needed to maintain stable food reserves, if necessary by restricting some exports, but did not provide specific details.

It was not clear whether Mr. Putin was suggesting that Russia might limit exports of major food commodities such as grain, which much of the world depends on. — Reuters

Leave a Reply

Your email address will not be published. Required fields are marked *

Disclaimer:, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2023 SmartPeopleMail. All Rights Reserved.

Subscribe for FREE today and get your daily shot of smart news about the Economy and Investing.
We are dedicated to keeping any data we collect from you — safe and secure. Here you can read our privacy policy.