Browsing: Grain

Russia’s grain harvest is not expected to exceed 130 million metric tons in 2024 due to the freezing temperatures recorded in the country earlier this month, the head of the Russian Grain Union (RGU), Arkady Zlochevsky, has said.

Russian Agriculture Minister Dmitry Patrushev said earlier that the ministry planned purchasing interventions on the grain market in the volume of up to 2 mln tons, adding that global grain prices and high yield expectations put pressure on domestic grain prices

Lithuania has resumed purchasing grain from Russia after a lengthy hiatus, importing more than 12,000 metric tons in February, worth around $2 million, RIA Novosti reported on Wednesday, citing statistical data.

Latvia significantly increased the volume of grain bought from Russia in the first quarter of 2024, the state revenue service in Riga announced on Monday. The Baltic nation recently announced a ban on some Russian imports, but exempted two key products.