Russian Federation bans buckwheat exports from June to August 2021

14/05/2021,

On 30 April 2021, the Russian Federation introduced a ban on exports of unprocessed buckwheat, coarsely ground buckwheat groats and crushed buckwheat grain for the period between 5 June to 31 August 2021. Reflecting strong international demand, the country exported nearly 90 000 tonnes of buckwheat in the first nine months of the 2020/21 marketing year (July/June), more than double the average of the previous five years during the same period. In 2020, the country produced about 900 000 tonnes of buckwheat, 15 percent lower than the five-year average level. The measure, which complements a previous policy on increased taxes for grains exports (FPMA Food Policy), aims to guarantee adequate availabilities of basic foodstuffs in the domestic market and prevent price increases of buckwheat, amid concerns of rising inflation having a negative impact on consumers’ access to food.

Country: Russian Federation