Putin discusses Russia’s economy growth with ministersBusiness & Economy September 24, 2:38
Lavrov warns against partition of SyriaRussian Politics & Diplomacy September 23, 0:00
Lavrov calls to coordinate Russian, US military action in SyriaRussian Politics & Diplomacy September 22, 21:05
Lavrov blames Obama administration for souring Russia-US tiesRussian Politics & Diplomacy September 22, 20:41
Waging war on Korean Peninsula inadmissible, says LavrovRussian Politics & Diplomacy September 22, 20:36
Russian Northern Fleet completes drills in ArcticMilitary & Defense September 22, 18:01
OPEC and non-OPEC countries to continue talks on oil production cut dealBusiness & Economy September 22, 17:28
Russian pair figure skaters Kavaguti, Smirnov retire from sportSport September 22, 16:48
Record number of delegations register for St. Petersburg-hosted IPU AssemblyRussian Politics & Diplomacy September 22, 16:47
MOSCOW, October 4 (Itar-Tass) —— The Russian government has made a decision to resort to interventions on the grain market, Prime Minister Dmitry Medvedev said at a meeting of the Cabinet.
“I have made a decision to resort to grain interventions to control the overall balance of grain on the market. I am instructing the agriculture minister to draft proposals for the scale of interventions, on the regions where they are to be made, and on all other issues of importance.”
Last Tuesday the Agriculture Ministry came out with a proposal for selling 500,000 tonnes of grain in the Siberian, Urals and Far Eastern federal districts. As Deputy Agriculture Minister Ilya Shestakov has said, “only third class wheat will be sold, and only to milling enterprises.”
“We are in the process of determining the starting price. Our proposal is 7,500 rubles a tonne,” Shestakov said. He added that the question had been discussed with grain market experts, who agreed with this approach in principle. They believe that this is a price that will help stabilize the situation on the domestic market, on the one hand, and, and to prevent the export of all grain, on the other, thereby increasing our export potential.