In 2014 Russia to produce 97 mln tonnes of grains – V.Putin
In the current year Russia will produce nearly 97 mln tonnes of grains, declared Vladimir Putin, President of the Russian Federation, on June 18.
According to experts, there is forecasted rather good harvest volumes at 97 mln tonnes of grains, due to increasing of the planted areas. At the same time, V.Putin noted a number of current problems of the industry. In particular, he named rather high level of debt load among agrarians.
Many agricultural enterprises are strongly credited, their fixed assets, including machinery fleet, require replenishment and renewal, and the general profitability of crops production is still at rather low level. According to the Ministry of Agriculture, as of May 1, 2014, the debt position of agricultural producers to Russian banks grew by 5% compared with the same period last year, and reached the sum of 2 trln RUR, while the past due balance increased even more - up 20%, said the President.
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