14 Mar 2022 17:34

Russia could ban wheat, rye, barley and corn exports from March 15 to June 30 - AgMin

MOSCOW. March 14 (Interfax) - Russia could ban wheat, rye, barley and corn exports from March 15 to June 30, the Agriculture Ministry said.

"The Agriculture Ministry, together with the Industry and Trade Ministry, has drafted a government resolution that provides for a temporary ban on the export of basic grain crops from Russia from March 15 to June 30 of the current year inclusive," the ministry's press office told Interfax.

The temporary ban would apply to the export of wheat and meslin, rye, barley and corn from March 15 to June 30 inclusive.

Russia exported 28.1 million tonnes of grain from July 1, 2021 to March 10, 2022, down 30.3% compared to the same period of the previous year, the Agriculture Ministry said in a statement, citing preliminary FCS data, which exclude to EAEU countries in January-March. Exports of wheat decreased by 30.9%, to 23 million tonnes, while shipments of barley were down by 34.7% to 2.9 million tonnes and corn deliveries fell by 21.7% to 1.8 million tonnes.