Russia Aims to More Than Double Grain Exports by 2023
Russia’s strategies to more than double grain exports next year. According to Russian Deputy Prime Minister Viktoria Abramshenko, the grain export quota should then rise to 25.5 million tons from 11 million tons this year.
The Russian Ministry of Agriculture’s export quota applies from February 15 to June 30 next year. The much larger export follows the record grain harvest in Russia. According to Moscow, the harvest of, for example, wheat, maize and barley this year will exceed 150 million tons.
Russia is one of the largest grain exporters in the world, along with Ukraine. However, the war has seriously disrupted grain exports in both countries, resulting in sharply rising prices.
In poor countries in Africa and Asia that receive a lot of grain from Russia and Ukraine, there are even concerns about food shortages.