Farmers have suspended the sale of wheat to exporters
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The fact that agricultural producers began to suspend the supply of wheat to exporters, Vedomosti was told by top managers in two companies involved in this business. According to them, farmers expect that its value will increase after the reduction of the export duty, which is due on June 7. The vice-president of the Russian Grain Union, Alexander Korbut, also knows that agricultural producers have reduced trading activity.
The Ministry of Agriculture was unable to provide operational comments on this matter. Two large grain exporters, Demetra Holding and Grain Gates, did not discuss this issue. And the United Grain Company and Trade House Rif did not respond to inquiries.
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