Russia: Ministry of Agriculture raised its forecast of grain exports in 2013/14 MY, due to the situation in Ukraine
The Ministry of Agriculture of Russia increased its forecast for Russian grain exports in 2013/14 MY from the level of 20 mln tonnes to 22 mln tonnes, declared Nikolai Fedorov, Minister of Agriculture of the Russian Federation, on March 12.
At the same time, he noted that the forecast revision was largely caused by the world market situation, and intensification of the political situation in Ukraine.
N.Fedorov expects that Russia will increase grain exports in 2 mln tonnes, taking into account the situation on the world grain market and problems in the territory of Ukraine, which increase the risk of a shortfall or delay of the supplies of Ukrainian grains on the world market.
According to him, the situation contributes to the fact that Russian traders become more interested in selling grains on the global market at high prices.
You should be authorized to post comment
Russian-Turkish officials negotiated on settlement of the agricultural trade crisis
Russia: in the third week of April, Krasnodar Krai seaports reduced grain export volumes
April 25, 16:20
Rusagrotrans reduced the forecast of Russian grain exports
April 25, 13:00
Russia planted spring grains throughout 3.7 mln ha - Ministry of Agriculture
April 25, 10:40
In the third week of April, Russian seaports increased grain export volumes
April 24, 13:30
Russia to increase the exports of fat-and-oil products to the Middle East and Asian countries
April 24, 12:20
Russia to lose the global leadership in wheat exports for some time - A.Dvorkovich
April 24, 10:50
Russia exported over 29 mln tonnes of grains - Ministry of Agriculture
April 24, 10:10