August 2, 2005

Russia seeks to stabilise domestic grain prices
 

The Russian government reported that domestic grain prices have fallen 10-13 percent over the past two months, amid an abundant 75 to 78 million tonnes of grain expected this season.

So far, over 22 million tonnes of grain have been already harvested.

 The government has planned measures to ensure grain prices remained under control in autumn, so that domestic producers and consumers would be protected.