The move to address domestic concerns could make a key competitor less competitive
During a televised session with ordinary Russians in late June, a woman pressed President Vladimir Putin on high food prices. Valentina Sleptsova challenged the president on why bananas from Ecuador are now cheaper in Russia than domestically produced carrots and asked how her mother can survive on a “subsistence wage” with the cost of staples
Putin’s drive to tame food prices threatens grain sector
Russian government proposes cutting wheat export tax
Semikarakorsk, Russia | Reuters — The Russian government has proposed cutting its floating wheat export tax from Oct. 1 and to exempt durum wheat from the levy, a senior official said on Thursday. Russian wheat exports have been constrained by the tax, which has prevented exporters from fully benefitting from the weaker rouble and a
Russia starts spring seeding with raised hopes for harvest
Moscow | Reuters –– Russian farmers have started their spring seeding campaign with prospects for the 2015 crop brighter than first thought, the agriculture ministry said on Wednesday. Russia, one of the main key wheat exporters to North Africa and the Middle East, needs a good crop after a sharp drop in the rouble has
Russia deputy PM sees no need for grain export limits
Russia has no grounds to ban grain exports this year, a senior government official said Tuesday as a top analyst said drought damage and low stocks could slash Russian wheat exports to just 10 million tonnes. A newly formed commission on food security is due to meet on Wednesday under the chairmanship of Deputy Prime
Russia soon to be world’s No. 2 wheat exporter in 2011-12 Prime Minister Vladimir Putin said March 28 that Russia could export almost as much grain in the coming crop year or even match the 27-million-tonne level forecast for 2011-12, when exports have been running at record levels. Russian grain exports are expected to reach
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