A view shows a damaged civilian cargo vessel, carrying wheat grain to Egypt, which was hit by a Russian missile strike after it left Ukrainian maritime border in the Black Sea, amid Russia's attack on Ukraine, September 12, 2024. Ukrainian Presidential Press Service/Handout via REUTERS
By Bloomberg News
Aug 22, 2026 (Bloomberg) –Russia’s government is planning a series of measures to support grain producers, include crop procurement, preferential loan extensions and sales subsidies, Interfax reported, citing Agriculture Minister Oksana Lut.
The ministry is also mulling alternative routes for agricultural exports given disruptions to shipping and other logistics caused by Ukrainian drone attacks, it said last week.
Earlier this month, three of Russia’s largest grain terminals in the Black Sea port of Novorossiysk halted operations after being damaged. Ukrainian shipments have been snarled by regular Russian strikes on port facilities in Odesa and elsewhere.
Also read: Russia and Ukraine’s Black Sea Grain Exports Grind to a Virtual Halt
Russia and Ukraine have recently stepped up attacks on each other’s commercial ships and ports in the Black Sea area, raising concerns about global grain supplies. The two countries account for more than a quarter of global wheat exports, and the attacks come in the middle of this year’s harvest.
Lut also said that Russia has harvested 75 million tons of wheat to date.
© 2026 Bloomberg
This article contains reporting from Bloomberg, published under license.
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