Expands list of commodities that must be paid in rubles: grain, sunflower oil & extracted meal.

Russia has pulled the trigger on expanding the list of commodities for which it demands payment in rubles to now include grain exports, effective Friday per a government legal website.

So now grain, sunflower oil and extracted meal are the next to follow the March decision to charge clients from “unfriendly” countries – including major customers in Europe – in rubles for natural gas instead of the normative dollars and euros.

On top of this move, recently Agriculture Dmitry Patrushev announced that Russia’s agricultural products will go to “friendly countries” only, and according to “who needs it most” – a hugely significant statement sure to continue sowing uncertainty and chaos for the global food supply.

https://www.zerohedge.com/commodities/russia-will-now-demand-rubles-grain-worlds-largest-wheat-exporter