February 11, 2019 | Manitoba Co-operator
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Russia to Set Up New Grain Exporters’ Union

Union will help better understand the needs of the market

Russia to Set Up New Grain Exporters' Union

Russia’s agriculture ministry will set up a new grain exporters’ union to better understand the needs of the market, it said on Monday after its routine meeting with local grain traders, reports the Manitoba Co-Operator.

The new union will be created by around April, when the ministry plans to start discussing grain export plans with traders for the 2019-20 marketing season which starts on July 1, it said.

The ministry also said it did not plan to impose any restrictions on grain exports, keeping its forecast for Russia’s 2018-19 grain exports at 42 million tonnes, including 37 million tonnes of wheat.

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