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The Russian government has allowed to sell the intervention grain at a price below the purchase
The state in some cases will be able to sell grain from the state Fund of the Russian Federation at a price below the purchase. This solution is fixed decree of the government dated 11 July, No. 1029, which was signed by the Prime Minister of the Russian Federation Mikhail Mishustin, said on 18 July, the government's press service.
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"In making this decision will be a valid indicator of the minimum price formula for its determination is also contained in the resolution. In particular, for the calculation will use the price of one ton of agricultural produce less costs for storage and insurance stocks, as well as loan servicing company, agent's taken for the purchase of grain in state Fund", - explained in the message.

The difference between the minimum price for the sale of agricultural products and price of purchases in intervention Fund agent is compensated by the state for reimbursement of its costs. It is provided by another government decree (11 July T. G. No. 103), signed M. Mishustin.

"In General, the changes will allow more flexibility in inventory management of agricultural products in the state", - summarized in the message.



Translated by service "Yandex.Translation"
Источники: Зерно Он-Лайн
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