Russian Farmers Sell Grain at Loss Amid Port Attacks
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Insights by Echo AI
Russian farmers are struggling due to attacks on ports, leading to a halt in grain shipping and a drop in prices below production cost. In the Rostov region, grain is sold for 6-9 rubles per kilogram while production costs 10-12 rubles. Grain acceptance has stopped, with queues at elevators reaching 300 trucks daily. Farmers describe the situation as 'catastrophic', with many considering not sowing land due to financial constraints and lack of selling points.
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