Russia imposes a ban on the export of durum wheat and introduces quotas on the export of other grains

The Subcommittee on Customs and Tariff Regulation of the Russian Federation has adopted a resolution to impose a temporary ban on the export of durum wheat for a period of 6 months, from December 1, 2023, to May 31, 2024, Russian media report. According to experts, the ban on exports of durum wheat, which is used in the production of pasta, can be explained by record exports this season. According to the Russian Grain Union, from July 1 to November 10, shipments of durum wheat increased almost 13 times year-on-year to 657 thousand tons.

In addition, the proposal of the Ministry of Agriculture and the Ministry of Economic Development to establish a tariff quota for the export of major grains – wheat, barley, corn, rye – in the amount of 24 million tons was supported. The quota is expected to be in effect from February 15 to June 30, 2024. The quota does not apply to supplies to the EAEU.

The Cabinet of Ministers also approved the introduction of a quota for duty-free imports of chicken meat in the amount of 160 thousand tons in 2024.

Tags: Russia, corn, grain, barley, wheat, rye, restrictions