The Ministry of agriculture of Russia intends to change the structure of the AgroExport. In recent years, the main export commodities are cereals, mainly wheat, it takes up to 40% in the structure of deliveries abroad. "We will continue to increase its supplies to the world market, but at the expense of wheat will not achieve record exports of $45 billion, so we need to essentially rebuild the st...20 Feb 2019
On short-term loans will allocate 3.5 billion rubles, investment credits - 2 billion rubles. The amount of subsidies for concessional lending to small businesses in 2019, compared with last year doubled. This was announced on Tuesday by Deputy Minister of agriculture of the Russian Federation Elena fastova during the 30 th Congress of the Association of peasant (farmer) farms and agricultural coo...20 Feb 2019
At the end of the autumn sowing campaign in Russia is insured on the terms of state 591 thousand hectares of winter crops. In a number of regions coverage for winter crops insurance was relatively high more than 25% of the acreage, it follows from the analysis carried out by the National Union of agricultural insurers according to the Union of January 31, 2018. "In the fall of 2018, the NSA has...20 Feb 2019
March 1, 2019 shall enter into force the Federal law No. 563-FZ "On amendments to the Federal law "About the state support in sphere of agricultural insurance and on introducing amendments to the Federal law "About agriculture development". Its adoption will allow to improve the mechanism of agricultural insurance and increase the interest of both farmers and insurance companies to the state suppo...19 Feb 2019
The analytical center "Sovekon" has raised the forecast of grain harvest of agricultural crops in 2019 from 4.7 million MT to 126,1 million tons of the Previous forecast, issued back in late autumn, was at the level of 121,4 million tonnes As noted in the message centre, the revision of expectations associated with the "preservation of favorable weather conditions late winter". Previously, the ce...19 Feb 2019
Legislators intend to reduce our country's dependence on foreign planting material. For some types of crops, Russia's dependence on foreign planting material reaches 80 percent, posing serious threat to food security of the country. At the meeting, the leadership of the Federation Council with Prime Minister Dmitry Medvedev made a decision on creation of a unified register of domestic new varieti...19 Feb 2019
Export prices of Russian wheat fell last week, following the dynamics of the American futures, which tumbled to multi-month lows, as prices in the global export market is talking about a downward trend. The price of a ton of Russian wheat with 12.5 percent protein content for delivery in February declined for the week by $3 to $240 FOB Novorossiysk, the Agency said ICARUS. According SovEcon, pri...19 Feb 2019
Deputy Prime Minister Alexei Gordeyev, who oversees the government of the Russian Federation in the sphere of agriculture, proposed to toughen the penalties for falsification of organic products. A. Gordeev during his working visit to Germany met with the leadership of the National organic Union of Russia and representatives of business who take part in the annual exhibition of organic products "...14 Feb 2019
The Federation Council at plenary session on Wednesday adopted a resolution which asks the government to take additional measures to curb the growth of fuel prices within the level of inflation, reports TASS. "To provide additional measures to curb the growth of fuel prices within the level of inflation in Russia in the medium term", stated in the text of the resolution. In addition, the senat...14 Feb 2019
It is planned to implement of wheat from stocks of Federal intervention Fund purchased in the years 2014-2016.
The Ministry of agriculture of Russia offers to sell in 2018-2019 to 1.5 million tons of wheat from intervention Fund. This is stated in the documents resolution of the government of the Russian Federation.
"To minimize of the Federal budget expenditures by the Ministry of agriculture planned to implement in 2018-2019 of wheat from stocks of Federal intervention Fund of agricultural products purchased during the public purchasing interventions in 2014-2016, in the domestic market and (or) to export up to 1.5 million tons", - reported in the document.
As previously reported, from 20 June, the national commodity exchange began trading for the sale of export wheat and barley from the stock of the Fund purchased in 2008-2016 years, in volume to 500 thousand tons Now trading has been suspended.
State intervention buying and selling of grain (commodity) held in Russia since 2001 in order to stabilize domestic grain prices. At high harvest intervention purchases allow you to remove the surplus from the market and to stimulate the growth of prices - it allows farmers to avoid loss. Commodity, on the contrary, is intended to lower prices in the lean years with the help of injections on the market of grains from the intervention Fund.