"EU Considers Tariffs and Bans on Russian Grain Imports Amid Tensions"

The EU is set to impose tariffs on grain imports from Russia and Belarus, with proposed duties of 95 euros per metric ton on cereals and 50% tariffs on oil seeds and derived products. The move aims to address concerns from EU farmers and member states, particularly in light of restrictions imposed by the Green Deal plan. While the impact on grain trade and prices is expected to be minimal due to low Russian and Belarusian shipments to the EU, the tariffs could still affect sunflower producers in Russia, as the EU is a significant destination for sunflower meal exports.