Russian Agriculture Minister Dmitry Patrushev warned on Friday that the ministry sees risks of the country’s grain harvest target not being reached this year. The amount of grain harvested across Russia so far is lower than this time last year, he said. This could force the ministry to review its plans for grain exports, which could negatively affect the global market for the commodity, the minister added. Shortages of grain have already pushed prices higher across the world and raised concerns of a possible food crisis.
A harvester works at a soya farm near Russia’s Birobidzhan on Oct. 19, 2018. (Xinhua/Zhang Ruoxuan)
“We will have to revise the 50 million-ton export plan unless we achieve the planned volumes. This may negatively affect the global grain market,” Patrushev said.
MOSCOW, Aug. 5 (Xinhua) — Russia could reduce its planned 50 million tons of grain exports this year due to a possible yield decrease, Russian Agriculture Minister Dmitry Patrushev said Friday.
The possible decrease in the yield this year was caused by the late start of work in many regions due to the cold spring and bad weather, and there are also difficulties with the supply of foreign components for agricultural equipment, said Patrushev.
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