Bloomberg News

Russia Won't Sell Grain Stocks Before November, IFX Says

August 22, 2012

Russia won’t sell grains from state stockpiles before November, when the government may discuss whether such a measure is necessary, Interfax said, citing an Agriculture Ministry document.

Selling grains from state inventories before completion of harvesting in November may push down domestic prices and farmers’ revenues, according to the document cited by Interfax.

To contact the reporter on this story: Marina Sysoyeva in Moscow at msysoyeva@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net


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