Russia considering grain export ban

The measure is aimed at protecting the domestic market The Russian government has instructed the Ministry of Agriculture to start monitoring the level of the nation’s grain reserves on a monthly basis, Izvestia reported on Tuesday, citing relevant documents. The authorities may introduce an export ban if stocks fall to critical levels. According to the report, a volume of 10 million tons of grain is considered by the ministry to be “critically low” – enough to last for about 1.5 months, given Russia’s annual consumption of 80-85 million tons of grain. The ministry told Izvestia that the country’s current grain res

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