Russia upgrades grain export forecast to 18 mln tons
24/07/2011 121
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MOSCOW, July 21 (Xinhua) -- The Russian Agricultural Ministry on Thursday upgraded its forecast of the grain export to 18 million tons for this agricultural year.
The previous forecast made by the ministry was from 15 to 17 million tons.
Minister Yelena Skrynnik told a political meeting that the country, which imposed a grain export embargo last year due to harvest loss caused by abnormal drought and heat, would harvest 85 to 90 million tons of crops this year, which fully covered domestic demand on grain and its export potential.
"We are going to re-conquer our positions on the world grain market," she was quoted by Interfax news agency as saying.
She added that this year the increase of agricultural gross output would reach over 10 percent, including a 19.8-percent growth in plant cultivation and 2.8 percent in livestock production.
In 2010, Russian farmers harvested 60.9 million tons of grain, which was 30 percent down from the 2009.
July 21, 2011
Source: Xinhua News
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