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No crisis expected on Russian gain market in 2013 - Russian deputy prime minister

May 21, 2013, 18:01 UTC+3
“We have good expectations. I hope the harvest will be good.” Dvorkovich said
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MOSCOW, May 21 (Itar-Tass) - No crisis is likely on the Russian grain market this year, Russian Deputy Prime Minister Arkady Dvorkovich told journalists on Tuesday.

“This year, there are no grounds to expect a crisis on the food market,” he said. “We have good expectations. I hope the harvest will be good.”

“It means either increased exports or bigger purchasing intervention,” he noted. According to Dvorkovich, the ministry of agriculture suggests a state agent - Rosselkhozbank - should be engaged to make these interventions. “The bank would not be able to do it by itself, other organizations are to be involved,” he added.

 

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