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The Russian Grain Union has proposed that the government cancel tariffs on floating exports of cereals

 Last Update: 2022-09-30
 Source: Internet
 Author: User

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Cereal exports

The coalition said a weak pace of exports due to a bumper grain harvest has led to a sustained decline in cereal purchase prices, which, combined with rising transportation costs, has led cereal prices closer to cost levels
.

Russian cereal production is likely to reach a record 137 million to 145 million tons this year, of which wheat production will reach 92 million to 96 million tons
.

RGU recommends turning the tide of the situation by exporting cereals on a large scale
.
But exports still face informal restrictions from Western countries, as well as domestic policy constraints, mainly floating export taxes
.

Despite this year's bumper cereals, the pace of exports has been slow, with volumes only at the level of 2016/17, and the number of countries importing cereals from Russia has declined
.

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