News 168 views last update:6 Aug 2012

Russia to export fewer grains in 2008

According to Minister of Agriculture of Russian Federation Aleksey Gordeev, in 2008, Russia plans to export 8-10 mln tons of grains.

This year grains exports would total 13 million tonnes, mainly consisting of wheat and barley. However, cattle breeding have become more interesting now in Russia and this sector demands animal feed that contains a lot of barley. That is why next year Russia would probably export only wheat.

According to Gordeev, wheat crop will be higher in 2007 as compared to 2006. Besides, Russia has stocks of 1.5 mln tonnes of wheat.

The Minister of Agriculture said that in August or September they would probably take the final decision on export volumes.

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