Bank Of Baku

Russia puts up to sale half of grain reserves

Russia puts up to sale half of grain reserves
# 22 November 2010 09:05 (UTC +04:00)
Baku – APA-Economics. Russia decided to sell half of grain in intervention fund at the domestic market, by July, 2011.

According to Vedmosti, this step will be caused of decrease the price of wheat.

Russian Ministry of Agriculture says that grain consumption will be 77 mln tons during a year.
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