MOSCOW, June 25 (RIA Novosti)
- Russia to Harvest 90m Tons of Grain in 2012 - Ag Minister
- Russia's grain harvest 95 mln T in 2011, but farmers must think about local needs-Putin
- Russian farmers seek markets for grain with bumper harvest ahead
- Russia to harvest 85 mln tons in 2011
- Grain harvest key to hitting 6-7% CPI target says central bank
Russia may harvest 85 million tons of grain and export at least 20 million tons, Agriculture Minister Nikolai Fyodorov said on Monday.
“We ...estimate the [harvest] level at 85 million tons of grain and grain legumes,” Fyodorov told a government meeting.
Grain carryover stocks amount to 51 million tons while domestic consumption for the next agricultural year is estimated at 72.7 million tons, he said.
“Proceeding from these figures, we are confident that the country’s export potential is at least 20 million tons,” Fyodorov said.
Russia’s harvest last year amounted to 94.2 million tons.
Russia introduced a temporary grain export ban in 2010 following a heatwave and drought that wiped out about a third of the nation's harvest.
Add to blog
You may place this material on your blog by copying the link.
Image Galleries: The Russian Cities With the Best Quality of Life
Infographics: Powerful Ship-Borne Laser System
Cartoons: Polar Explorer Day
The current contract portfolio of Russian arms exporters is worth about $46 billion. Annual exports total $15 billion, and this will ensure uninterrupted deliveries for the next three years, even in the worst-case scenario. The list of the main buyers of Russian weapons is unlikely to change drastically.