Agricultural production in Russia in September decreased by 6% compared to the same month of 2017, to 1.1 trillion rubles, according to Rosstat. Thus, decline is observed the second month in a row. The statistical office revised downwards the figure for August: if the reduction in AIC was estimated at 10.8%, now at 11.3%. Rosstat also revised and a number of other retrospective data on agriculture...19 Oct 2018
The Ministry of agriculture of Russia in case of sharp price hikes of fuel ready to go in the government with a proposal on the allocation of compensation to farmers, but does not see grounds for this, he said at a meeting of the state Duma Committee on budget, Deputy head of the Ministry Elena fastova. "Every month we monitor the growth of prices, if there is a sharp jump, we will go to the gove...19 Oct 2018
The first Deputy Chairman of the Federation Council Committee on agrarian and food policy and nature management Sergey Lisovsky offers to the Ministry of transport of the Russian Federation to revise the standards for axle load of a truck carrying agricultural freight, in the period of harvest in order to increase the competitiveness of Russian agricultural products, reports TASS. "The issue of a...18 Oct 2018
The Central Bank said that interest in the development of agricultural trade through the stock exchange. The Bank of Russia proposes the Ministry of agriculture to consider providing subsidies to producers of agricultural products, which will trade on the exchange. This was announced on Tuesday at a meeting in Krasnodar, the economic counselor of the office of supervision of financial intermediar...18 Oct 2018
Rector of NSUEM Alexander Novikov said that Siberia needs a derivatives market for grain. This will give assurance to farmers and will also remove the burden from the budget of the Novosibirsk region. Alexander Novikov, doctor of economic Sciences, at the III Siberian forum of exchange and financial market said that these tools can earn in two and a half years. "We in agriculture there is a pro...18 Oct 2018
In Russia for farmers should be expanded opportunities for the use of future crops and farm animals as collateral when obtaining loans. This requires making changes in normative regulation of banks, as well as in the calculation of the subsidy rates set by the agricultural insurance Plan for each year to such conclusion participants of the working group on agricultural insurance to the Bank of R...18 Oct 2018
The Ministry of agriculture of Russia and VTB have signed a cooperation agreement aimed at expanding cooperation in the field of support of agro-industrial complex of Russia. In particular, the document envisages introduction of modern banking technologies and infrastructure for agricultural enterprises, the development and implementation of investment programs, support innovative development and...18 Oct 2018
23 October 2018 the Ministry of agriculture together with the National commodity exchange (CJSC "NTB") will begin conducting organized auctions for the sale of grain from stocks of Federal intervention Fund in the amount of 1.5 million tons. The corresponding decree of the Government of the Russian Federation signed on 4 October 2018. The intervention Fund will be sold through a sale at auction ...17 Oct 2018
The effectiveness of the program in 2017 is below average. The chamber sees risks of non-achievement indicators of the state program of development of agriculture in the years 2019-2021. This is stated in the conclusion of the Agency on the draft Federal budget years 2019-2021 ("the Agroinvestor"). As noted in the document, can not be made in two indicators out of five. Thus, the index of produc...17 Oct 2018
In Siberia, grain prices began to rise sharply from an average of 5-7 thousand to 11 thousand rubles per ton. According to "Izvestia", due to the fact that processing plants are afraid of the upcoming crop failure. We will remind, earlier in a number of Siberian regions was declared a state of emergency in agriculture. Weather conditions – cold and waterlogging of the soil – questioned the completion of the sowing in time. However, according to experts, the sharp rise in grain prices will benefit it is the dealers, not the producers.
For those households that have any grain stocks left the price increase now, of course, will be of assistance after an eight-month "hungry year". Many at the end of last autumn have debt on wages and taxes, - explained the President of the National Union of grain producers Pavel Skurikhin.
Experts clarify that the problem with the grain harvest is celebrated in Siberia. Before its consequences helped to soften government regulation of the industry – for example, purchasing interventions or subsidising of railway tariffs for grain transportation.