UPDATE: Ag Minister: Russias grain harvest can reach record high in 2022 - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

UPDATE: Ag Minister: Russias grain harvest can reach record high in 2022

(Adds paragraphs 46, 8)

MOSCOW/VOLGOGRAD, May 27 (PRIME) -- Russias 2022 grain harvest can exceed the 2021 volume and approach a record high, Agriculture Minister Dmitry Patrushev said at the All-Russia Grain Forum on Friday.

Russias grain harvest in 2022 can significantly exceed the level of the previous year, and reach the level the president was speaking about, namely, approach a record high, he said.

In 2021, Russia harvested 120.7 million tonnes of grain including 75.9 million tonnes of wheat. The record high was reached in 2017 with a grain harvest of 135.5 million tonnes including 86 million tonnes of wheat.

Patrushev said that, according to the ministrys assessment, Russia will export 50 million tonnes of grain in the agricultural year lasting from July 1, 2022 through June 30, 2023.

We have estimated our grain foreign trade potential at 50 million tonnes We are registering rising demand for basic food, first of all, for cereal crops. It is true for many states. Moreover, the U.N. food and agriculture organizations have warned of a global hunger problem, he said.

Russias grain exports in the 20212022 agricultural year ending on June 30, 2022 may amount to over 37 million tonnes including 28.5 million tonnes of wheat, the minister also said.

Patrushev also said that Russia will maintain the mechanism of grain export quotas in the next season.

The government may revise Russias grain damping mechanism in light of serious ruble strengthening, but now the formula works well, he added.

The ministry is considering zeroing import duties on rice, Patrushev also said.

To ensure affordable prices and a wide range of goods in stores, we have abolished import duties on vegetables. Now we are appraising the reasonability of zeroing the duties on rice, he said.

Deputy Minister Andrei Razin said during his visit to an exhibition in Volgograd that Russian farmers have everything necessary for sowing including seeds and components for the machinery.

End

27.05.2022 15:12
 
 
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