Russian Ag Min says to start preparing for grain purchases Aug 1

MOSCOW, Jul 28 (PRIME) -- The Russian Agriculture Ministry will start preparations for grain market interventions on August 1, including tenders to choose organizations to store grain of the 2016 harvest, establishment of trade rules and a tender for an insurer, according to a statement published on the ministry’s Web site on Thursday.

The Agriculture Ministry plans to buy about 2 billion tonnes of grain during the 2016–2017 grain intervention campaign.

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