Grain traders may hesitate to sign new export agreements on concern that a drought might spur the government to curb outbound shipments, SovEcon said Thursday.
“Most likely grain traders, especially those representing international grain companies, will be reluctant to enter new contracts on fears of possible export restrictions,” the research center said on its web site.
The timing of the start of the tenders may signal tight domestic supplies, SovEcon said. Concern that export curbs might accompany the sales is “legitimate,” it said.
(Bloomberg)
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.