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.
You should be authorized to post comment
Sanction regime against Russia to remain for an extended period - S&P
European Union and Ukraine can alter the AA only - EU Council
Russia: Ministry of Industry is against pre-term cancellation of the Russian food sanctions
On October 1, Russia purchased 7 thsd tonnes of grains to the intervention fund
In 2014/15 MY Russian to rise grain exports through the Baltic ports – expert
In September Russia reduced grain exports through the deep-sea ports – Rusagrotrans
EU not to cancel the sanctions for Russia