Russia says it will fulfill all grain export commitments despite the state of emergency imposed after frosts

On June 7, Russia declared a state of emergency in 10 regions due to crop damage caused by May frosts. This will help farmers receive additional funds, but, according to officials, it should not disrupt export commitments, writes Reuters.

Deputy Agriculture Minister Andrei Razin said on Friday that the weather’s impact on agricultural products will be minimized, and Moscow will fulfill all export obligations.

“As of today, we have already sown almost 800 thousand hectares. All our obligations in terms of both domestic consumption and external export commitments will definitely be fulfilled,” he said.

IKAR lowered its wheat harvest forecast to 81.5 million tons, down 12% from mid-March. Last year’s harvest was about 93 million tons.

This week, Sovecon lowered its wheat harvest forecast to 80.7 million tons. Back in March, it predicted a harvest of 94 million tons.

The state of emergency declared by Russia on June 7 applies to 10 regions, including the occupied Luhansk region and part of eastern Ukraine, which Russia

Tags: export, grain, Russia