Thursday, October 22, 2026Moscow
Economy

Russia will not replace the world grain market

Grain Association of Russia was established in August 2026. It replaced the Union of Grain Exporters and Producers, whose functions were expanded to represent the interests of the entire grain sector. Vedomosti spoke with the Executive Director of the Association and Deputy General Director of JSC United Grain Company (UGC) Ksenia Bolomatova about how the work of the Association is being built, how a new infrastructure is being formed for the export of Russian grain and how preparations are being made for its purchase into the state intervention fund.

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Russia will not replace the world grain market

Grain Association of Russia was established in August 2026. It replaced the Union of Grain Exporters and Producers, whose functions were expanded to represent the interests of the entire grain sector. Vedomosti spoke with the Executive Director of the Association and Deputy General Director of JSC United Grain Company (UGC) Ksenia Bolomatova about how the work of the Association is being built, how a new infrastructure is being formed for the export of Russian grain and how preparations are being made for its purchase into the state intervention fund.

Source: Ведомости ↗

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