Russia has no plans to cut export quota - Interfax

2022/23 grain export at 55-60 mln tonnes
calendar icon 19 January 2023
clock icon 1 minute read

Russia's Agriculture Ministry said on Thursday that it expected Russia to export 55-60 million tonnes of grain in the 2022/23 season, and that it had no plans to lower the grain export quota, Reuters reported, citing the Interfax news agency.

President Vladimir Putin said on Tuesday that Russia needed to maintain stable food reserves, if necessary by restricting some exports, but did not provide specific details.

It was not clear whether Putin was suggesting that Russia might limit exports of major food commodities such as grain, which much of the world depends on.

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