Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa

Russia Should Increase Grain Production Up to 150 Million Tons
March 14, 2017 10:45


Russia should increase grain production up to 150 million tons in the next ten years. This was stated by the Head of the Ministry of Agriculture Aleksandr Tkachev at the meeting in Novosibirsk, as TASS reports. “We must, first of all, deal with increasing efficiency” - the Minister said. “The fact that many do without fertilizers with low qualifications and without interaction with science does not make us happy. There is a huge potential in all this.”

According to Tkachev, we need to develop the markets in the Asia-Pacific region, with its countries buying about 27 million tons of grain per year. For this purpose it is necessary to develop the infrastructure: we need new ports, highways, terminals. Tkachev also noted that the Ministry of Agriculture had no plans to carry out grain intervention soon, since this could lead to the collapse of prices on the market. At the same time, as he said, the cost of production is already low now.

The government (commodity) interventions on the purchase and sale of grain have been held in Russia since 2001 in order to stabilize domestic grain prices. Together with a high yield, purchasing interventions allow to withdraw surplus off the market and stimulate the growth of prices, which allows the producers to avoid losses. Commodity interventions, on the contrary, are designed for the reduction of prices in lean years.


Author: Anna Dorozhkina


Next Previous

You might also find interesting:

Construction Of Offshore Sections Of Turkish Stream In Russia Is Completed Crypto Currency Will be Supported In Russia Help Me: a Plea from Cambodia Russia's Gold And Currency Reserves Increased by $2.1 Billion Far East clenched its fist

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
Moscow parks  Russian regions  Science  Russian Cinema  fashion designer  rise in prices  Russian business  Dubna   Russian Literature  Spartak Moscow  Anton Chekhov  Boston bombings  Maksim Dunayevsky  Forest Fire  Kabardino-Balkaria  Exhibitions in Moscow  Maisky  Russian International  Russian cities  Russian army  Linguists  Cards  food products  Russian tourism  Gazprom  Kirov  Russian mobile networks  Myriapods  Renata Litvinova  Wooden Architecture  Serge Sudeikin  Russia-Czech Republic  Russian history  Petrozavodsk  Pavement  Treasures  Moscow  Derzhavin Memorial Estate  Russian supermodels  Painting  Transaero  physics  Russian country life  Archeology  Lumiere Hall   Russian theatres  Magnitsky Act  Joseph Stalin  Mercedes-Benz Fashion Week Russia  Vyacheslav Butusov 

Travel Blogs
Top Traveling Sites