Russia Weighs Bankruptcy Moratorium for Grain Producers as Export Squeeze Deepens; EU Wheat Prices Hold Steady
Russia's Agriculture Ministry has formally proposed a 12-month moratorium on bankruptcy proceedings for grain producers after export bottlenecks caused a domestic price collapse, while EU and Black Sea physical wheat prices remained broadly flat. The Ministry of Economic Development has raised concerns about systemic financial risks, requesting evidence of exceptional circumstances before endorsing the measure.