Russia is stepping up with high grain exports and aggressive competition in the global market, report international media. This month, the Russian authorities approved an additional quota of 5 million tons for the export of wheat, rye, barley, and corn, with a deadline of June 30. The mechanism aims to maintain a balance between the domestic market and foreign trade, with exports being subject to a floating duty tied to price levels. This directly affects Europe's grain market, which is in a difficult situation. Moscow's quota regime does not cover exports to the countries of the Eurasian Economic Union (EAEU), as well as supplies for international humanitarian aid carried out under intergovernmental decisions. International analysts comment that Russia's actions clearly show that the country will continue to maintain high levels of exports and an aggressive presence in the global market. That is, any future rise in wheat prices is likely to face serious pressure from Russian ...