Grain interventions stabilise prices - Skrynnik

PARIS, February 20 (Itar-Tass) -- Russia's state trade interventions
are effective methods to stabilise prices in the grain market and a signal
to the national agricultural producers, which eliminates flurry, Russia's
Minister of Agriculture Elena Skrynnik told the Paris International
Agricultural Show (SIA) on Saturday.
"We make grain interventions and see certain stagnation and even
lowering market prices," she said. Over the first week of trades, prices
for grain lowered by 0.6 percent, and the average price reached
6,400-6,700 roubles per a tonne, which is by one thousand lower than the
market price. Every month, the government will sell 500,000 tonnes of
grain from the intervention fund.
A priority of Russia's agriculture is to restore and develop export of
grain, as well as export of poultry and pork.
"This is our basis target," Skrynnik said.
The concept for melioration to 2020 suggested by the ministry will
stabilise and develop production of grain, vegetables and feed, she added.