Russia maintains the ban of grain export

The Russian government extended the ban of cereals export, in its meeting in Rostov at the weekend.

Exports were stopped by the government from 15 August, because only 60 million tons of grain harvested, one third less, than last year’s 97 million tons. The Prime Minister stressed that, the 60 million tons will be enough to cover the domestic demand. Russia last year was the world’s third largest grain exporter, with its export of more than 24 million tons of grain – reports MTI.