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Putin’s drive to tame food prices threatens grain sector

Published by
Reuters

By Polina Devitt and Darya Korsunskaya MOSCOW (Reuters) – During a televised session with ordinary Russians last month, a woman pressed President Vladimir Putin on high food prices. Valentina Sleptsova challenged the president on why bananas from Ecuador are now cheaper in Russia than domestically-produced carrots and asked how her mother can survive on a “subsistence wage” with the cost of staples like potatoes so high, according to a recording of the annual event. Putin acknowledged high food costs were a problem, including with “the so-called borsch basket” of basic vegetables, blaming glob…

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