Russian grain contracts being cancelled
The first Russian grain export contracts have been cancelled using contract clauses from international grain trade association GAFTA rather than declaring force majeure, European traders said on Friday, August 6.
Kazakhstan will possibly extend own grains sales market, due to the grain export ban which Russia enforced, and grains export volumes limitations which Ukraine enforced, stated Daulet Uvashev, the Managing Director on commercial issues of the JSC National Company Food Contract Corporation, on August 21.