Russia: general grain resources in 2013/14 MY to total 103 mln tonnes - Ministry of Agriculture
In 2013/14 MY the general resources of grains in Russia will total 103 mln tonnes, forecasted Nikolai Fedorov, Minister of Agriculture of the Russian Federation, on October 10.
Taking into account the carry-over stocks in the beginning of the season (as of July 1 of the current year - 12.3 mln tonnes) plus the import volumes (nearly 700 thsd tonnes), the forecast of grain resources totals 103 mln tonnes, which will completely meet the domestic requirements and the export potential at 18-20.5 mln tonnes, the Minister said.
Besides, he clarified that the forecasted indicators can be adjusted depending on the harvest volumes and world market conditions.
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