MOSCOW, September 26 (RIA Novosti)
- Grain Prices at Post-Soviet Record
- Drought Lowers Russian Grain Forecast to 75 Mln Tons
- Russia to Double Grain Exports by 2020 - Putin
- No Restriction on Grain Export in Future – Dvorkovich
- Russian Grain Harvest Falls to 75 Mln Tons - Minister
The Russian government will decide next week when to launch intervention in the grain market,Deputy Prime Minister Arkady Dvorkovich confirmed, saying “intervention could start as early as October.”
Dvorkovich said that although the consensus seems to be that this could wait, some experts believe action should be taken now. He added that different scenarios – intervening nationwide or taking a more targeted approach to hard-hit regions – were being considered.
He stressed that the government has no plans to place an embargo on grain exports to control prices.
Grain prices in Russia this year hit record highs. Russian grain producers’ unions have lobbied for intervention to be postponed until spring 2013.
Russia cut its grain harvest forecast this year following a summer that saw drought across a number of regions.
Add to blog
You may place this material on your blog by copying the link.
Image Galleries: Removing Protesters’ Barricades in Kiev
Infographics: First Russian Smartphone
Some people are trying to make the reality in Russia at least a bit more humane. The amnesty should apply not only to persons involved in high-profile cases, but also to individuals who are not as well-known. It is better to set free at least some of the individuals who deserve to be released than no one at all.