MOSCOW, RUSSIA — Russia is primed and ready to stop interfering with grain exports once the markets stabilize, the Interfax news agency reported citing Dmitry Patrushev, agriculture minister.
Due to the COVID-19 pandemic and decreasing domestic incomes, Russia enacted grain export measures to slow food inflation and prioritize its grain supply.
Interfax news agency cited Patrushev’s statement, “As soon as the situation stabilizes, we will be ready to consider various other approaches to regulating this market, including the exclusion of any interference at all. But for now, we must make sure that all of our grain is not exported abroad. This is extremely important.”