Russia plans to increase grain export quota by 4 mln tons

The Ministry of Agriculture of the Russian Federation proposed to add another 4 million tons to the grain export quota of 24 million tons introduced on February 15, according to a draft decree of the Russian Cabinet of Ministers posted on the portal of draft regulatory legal acts.

The quota for grain exports from Russia will be valid from February 15, 2024 to June 30, 2024. It is set at 24 million tons for wheat, corn, barley and rye without a breakdown by individual crops; the ministry proposes to increase this volume.

Tags: Russia, corn, export, barley, wheat, restrictions