Tridge summary
Russia has imposed a temporary restriction on durum wheat exports to ensure food security and maintain stable prices in the domestic market until May 31, 2024. However, there are exceptions, including exports for international humanitarian aid, to Abkhazia and South Ossetia, and to Eurasian Economic Union member countries with permits. The FAO has a more optimistic forecast for global cereal production in 2023/24.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Russia is imposing a temporary restriction on durum wheat exports from the country, the Russian government announced. The decision aims to ensure food security and will help to maintain a stable price situation for durum wheat products in the domestic market. The temporary restriction takes effect from the time of publication of the Government Order on 11.12.2023 and will be in effect until 31 May 2024. FAO with more optimistic forecast for global cereal production in 2023/24. At the same time, the document provides for a number of exceptions in which the export ban will not apply. Among them are the export of durum wheat for international humanitarian aid and within the framework of international intergovernmental agreements, its export from the territory of Russia to Abkhazia and South Ossetia, and ...
Source: Sinor
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