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Putin Warns Grain Traders

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Russian Prime Minister Vladimir Putin has warned grain traders that tariffs will be re-imposed if exports threaten domestic supplies. Russia will approximately export 24 to 25 million tonnes of grain… after that we will introduce certain limits in order not to leave the country with no bread, said Putin. This means that those who are dealing with exports should hear us now and not sign excessive export contracts and then come to us and say: We have contracts signed so allow us to export some more. Russia, whose harvest has recovered to average levels after a catastrophic drought last year, has been setting monthly records since a ban on grain exports ended in July.



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