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Grain interventions in Siberia and the Urals will be held in September
The government may start grain purchasing interventions in the regions of Siberia and the Urals from the middle of September, told reporters the head of the Ministry of agriculture of the Russian Federation Alexander Tkachev
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As reported, the government started purchasing interventions on the grain market on August 19. First they entered the Crimea, where, according to preliminary estimates, it plans to purchase up to 100 thousand tons of grain. After the Crimea intervention will continue in other regions.


"They will scatter, but it will not export the regions", — said earlier the head of Department of regulation of agricultural markets Ministry of agriculture of the Russian Federation Vladimir Volik.

"Intervention Fund helps to ensure that prices (for grain) is not collapsing, kept at a decent level", — said Alexander Tkachev.


According to him, before the end of this year, the state may be purchased to the intervention Fund up to 1 million tons of grain. In General, the results of the agricultural year (1 July 2017) purchases can be up to 2 million tons.

The mechanism of procurement (procurement by the state grain) and commodity (selling grain from the state intervention Fund) intervention operates in Russia since 2001. It is aimed at the stabilization of prices on the grain market and support agricultural producers. When prices fall, the government removes excess grain from the market in order to stop its depreciation, with a sharp rise in prices - is selling grain from the state Fund and thereby stops its rise in price.



Translated by service "Yandex.Translation"
Источники: Интерфакс
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