Producers of sunflower oil and wheat may temporarily suspend exports

Producers of sunflower oil and wheat may temporarily suspend exports

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The Ministry of Agriculture may recommend that producers of sunflower oil, sunflower and wheat not export their products against the backdrop of a sharp decline in world prices. A meeting with representatives of these segments is planned to be held “before the end of this week.”

This was announced on March 23 by Deputy Minister of Agriculture Oksana Lut at a meeting, two of its participants told Vedomosti. It was noted that over the past week and a half, the cost of sunflower oil has decreased from $1100 to $800 per 1 ton, sunflower – from $600 to $395 per 1 ton. discuss restrictions on external supplies.

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