Russia may cut grain exports this year

Russian Agriculture Minister Dmitry Patrushev said Russia could cut its grain export plan this year, but stressed that Russia would fully satisfy the domestic market.

The Russian minister pointed out at a field meeting that harvesting is now underway in all regions of Russia, as farmers have harvested 27 percent of the fields and harvested about 55 million tons of grain.

According to the Russian minister, in general this result is a good indicator, but it is significantly lower than last year. The decline in this year’s harvest is due to the delay in the start of work in many regions of Russia due to the cold spring and weather conditions, as well as difficulties with the import of foreign components for equipment and machinery.

This year, the Russian Ministry of Agriculture expects a grain harvest of 130 million tons, including 87 million tons of wheat, of which 50 million tons of grain can be exported.

Source: RIA Novosti

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