Russia’s Agriculture Ministry sees no need for grain interventions now

08.02.2017

Russia’s Agriculture Ministry sees no need on the market to conduct grain interventions now, head of market regulation department at the Agriculture Ministry Vladimir Volik told reporters.

Russia’s Agriculture Ministry sees no need on the market to conduct grain interventions now, head of market regulation department at the Agriculture Ministry Vladimir Volik told reporters.

"It depends on the price situation. So far we do not see any trend towards a decline in prices, exports are going well. We believe that now we should not interfere," Volik said.

But the situation may change at any time, he added.


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