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
Rusagrotrans increased its forecast of Russian grain exports in March 2015
March 27, 13:30
Russia planted spring crops throughout over 0.8 mln ha
March 27, 10:40
On March 25, Russia purchased over 30 thsd tonnes of grains to the intervention fund
March 25, 12:50
Russia cleared only 16 of 60 items of the anti-crisis plan - Audit Chamber
March 25, 12:27
Crimea: agrarians faced difficulties with plant protein production
March 25, 11:20
Crimea: grain harvest to reach 1.1 mln tonnes in 2015
March 25, 10:00