Yelena Skrynnik News
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Nikolai Fedorov learned as a boy selling radishes in a street market in the former Soviet Union that when rivals showed up he had to cut prices. Now as Russia’s agriculture minister he has to instill competition in the nation’s 17.8 million farmers while weaning them off subsidies.
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Russia will maintain a ban on imports of European Union vegetables because EU authorities failed to inform counterparts in the country on the source of an E. Coli outbreak, Agriculture Minister Yelena Skrynnik said.
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Russia plans to boost domestic milk production by almost 20 percent by 2020 and further reduce the need for imports, Yelena Skrynnik, agriculture minister, said.
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Russia may stop selling stockpiled grains through the main exchange soon because the sales have reduced market prices by 10-15 percent, which was the government’s aim, Agriculture Minister Yelena Skrynnik said today.
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Russia lowered the top end of its grain-harvest forecast to 85 million metric tons, Agriculture Minister Yelena Skrynnik said.
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Russia loaded 1.5 million metric tons of grain for export from July 1, some 30 percent more than a year earlier, Agriculture Minister Yelena Skrynnik said in an interview with state-run newspaper Rossiyskaya Gazeta.
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Russia’s government raised its estimate for national grain stockpiles, making increased imports unnecessary, and said buckwheat is the only staple with a price that has climbed to a “critical” level.
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Russia will produce enough meat and milk to increase exports of both by at least 20 percent by 2020, Agriculture Minister Yelena Skrynnik said.
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Russians have responded to slashed harvest forecasts by hoarding staples, which has contributed to price gouging, Agriculture Minister Yelena Skrynnik said.
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Russia raised its grain export forecast to 18 million metric tons in the marketing year that started July 1 as the crop rebounds after last year’s drought, Agriculture Minister Yelena Skrynnik said.
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