Why the Ministry of agriculture imposes quotas on grain exports

“the Complex of these measures will allow to ensure the necessary volume of grain for the domestic market, to prevent a jump in prices for the main crops, as well as consumer prices for end products, flour, cereals, bakery and dairy industries for the population,” – says the Minister of agriculture Dmitry Patrushev.

Photo: Alexander Ryumin/TASS What is the supply of food is to buy in the event of unforeseen circumstances

In the current agricultural season, the production of these four crops amounted to 110.7 million tonnes in addition, there was carry-over stocks from last year (17.9 million tonnes). Domestic consumption by the end of June is projected at the level of 69.5 million tons And exports at 26 March amounted to 32.4 million tons of these crops. The Ministry of agriculture to ensure food security we need to leave before the new season not less than 17.5 million tonnes, So total exports should not exceed 41.7 million t To maintain the necessary supply within the country for the remaining three months of the season exports of basic grains shall not exceed 7 million tonnes.

the price of Russian food wheat reached its historical maximum

the Fall in oil prices, the ensuing weakening of the ruble and the coronavirus pandemic has led to unprecedented growth in grain prices on the world market – the countries decided to replenish their stocks fearing closure. By 20 March the price of Russian food wheat reached a historic high: according to “Sovekon”, in the weekly average price of wheat of 3rd and 4th graders rose to 13 275 RUB/t 12 250 RUB/t

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the Russian Union of milling and groats enterprises appealed to Dmitry Patrushev with a request to take measures to regulate the price of wheat. According to the Union, in terms of attractive export prices, farmers stopped the supply of Russian grain to flour mills. This led to the fact that the largest regional producers of flour stock of raw materials remained for only two to three weeks.

the Rise in prices was seen in other products. So, at the end of 11 unscheduled inspections of FAS revealed a cartel agreement on the market of buckwheat. Against the background of excessive demand private entrepreneurs began unreasonably to raise the price of this item. According to Rosstat, in the week from 16 to 20 March, buckwheat has risen by 2.8%.