Local elections in Donbass still some way off, says Ukrainian ministerWorld October 28, 2:39
Israel’s emotions are over top regarding UNESCO resolutions on Jerusalem - GatilovRussian Politics & Diplomacy October 28, 2:28
Russia speaks against politicization of probe into chemical attacks in Syria - GatilovRussian Politics & Diplomacy October 28, 2:25
UN, OPCW’s conclusions on Syria’s involvement in chemical attacks unconvincing - ChurkinRussian Politics & Diplomacy October 28, 2:00
Russian DefMin surprised by UNICEF inaction amid growing terrorist activity in SyriaRussian Politics & Diplomacy October 27, 23:14
Russian Defense Ministry: Video of airstrike on Syrian school doctored upRussian Politics & Diplomacy October 27, 21:22
Putin says its too early for him to retireSociety & Culture October 27, 21:10
Putin urges US not to provoke Russia to actively protect national interestsRussian Politics & Diplomacy October 27, 20:20
NATO’s actions create risks to European security — Russian NATO envoyRussian Politics & Diplomacy October 27, 19:52
MOSCOW, August 19. /TASS/. Russian Ministry of Agriculture initiated grain procurement interventions for 2016 year harvest. All the offered grain of 12.3 mln tonnes in the amount of 114 mln rubles ($1.8 mln) was purchased by the government, the Crimean Exchange said on Friday.
Twelve deals were closed with nine traders.
The Ministry of Agriculture plans to procure up to 1 mln tonnes of grain to the intervention fund by 2016 year-end. The official procurement outlook is 600,000 tonnes.
Procurement prices are approved this year at the level of 10,900 rubles ($170.2) per tonne of Class 3 wheat, 7,400 rubles ($115.6) for rye, 8,000 rubles ($125) for barley and 7,900 rubles ($123.4) for corn.
Russia is holding government interventions on the grain market from 2001 for regulation of prices.
Russian Agriculture Ministry does not rule out grain harvest may reach 113-116 mln tonnes this year subject to good weather.
"According to preliminary estimates, Russia will harvest a record-breaking grain harvest that will be 110 mln tonnes at the least and may grow by 3-6 mln tonnes more if favorable weather conditions remain," the ministry said.
This will be a record-breaking figure for post-Soviet Russia. The previous record was set in 2008, when 108.1 mln tonnes were harvested.