Russia to Introduce a Temporary Ban on the Export of Some Grains
The Ministry for Economic Development of the Russian Federation reports that Prime Minister of the Russian Federation Putin signed a resolution on August 5, 2010 to introduce a temporary ban on the export of some agricultural products from the Russian Federation, due to a sharp change in crop forecast. The ban is imposed from August 5 - December 31, 2010. The issue of lifting the embargo on the export of Russian grain is postponed till December, after the results of harvesting campaign are known.
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Under the ban are such grain-crops as wheat and meslin, barley, rye, corn, as well as wheat or wheat-rye flour.