News
20.09.2011
Russia: Ministry of Agriculture increased the forecast of grain exports in 2011 to 22 mln tonnes
The Ministry of Agriculture of Russia estimated the export volumes of grains from the Russian Federation in 2011-2012 marketing season at the level of 20-22 mln tonnes, said Alexander Petrikov, State Secretary, Deputy Minister of Agriculture of the Russian Federation. The previous forecast of the Ministry in the current season did not exceed the level of 20 mln tonnes of grain exports.
A.Petrikov announced the recent forecast of the Ministry at the level of 90 mln tonnes of grain production, 20-22 mln tonnes of grain exports.
Previously, Viktor Zubkov, First Deputy Prime Minister, who oversees agriculture, said that grain exports from Russia would exceed the level of 20 mln tonnes in the current season.
To date the Ministry of Agriculture is considering the issue of purchasing interventions on the grain market.
The Deputy Minister noted that favorable railway tariffs for transportation of grains for exports - to the ports and border crossings is the main factor stabilizing the grain market, adding that the decision on preferential tariffs may be taken in the near future.
