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Gordeyev to chair conference on grain market interventions
TASS, February 3, 2004
Agriculture Minister Alexei Gordeyev will chair a conference on Wednesday over interventions by the state on the grain market, Gordeyev's Secretariat told Itar-Tass.

The state will put up for sale 1.6 million tonnes of grain from the reserves saved for interventions.

Trade sessions will open with prices of common food grain, 3rd grade. at 4,400 roubles per tonne, common food grain, 4th grade at 3,400 roubles per tonne, and food rye, group A, at 2,500 roubles per tonne.

In Gordeyev's opinion, as a result of interventions, grain prices may fall by ten percent, and bread prices - by 25 percent.

In addition, Gordeyev will hold a conference on spring sowing works this year. The government is expected to discuss this issue at its meeting on February 12.
MGR Archive 4.2.2004
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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