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The export duty destabilizie the Russian grain market
This was stated by the President of the Russian grain Union Arkady Zlochevsky at a press conference on Tuesday in Moscow
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Arkady Zlochevskiy said that the Grain Union all advocated the abolition of the duty.


"We believe that last season farmers lost 1 thousand rubles for 1 ton of export duties, the amount of marketable grain amounted to 52-53 million tons, respectively, of losses in the pockets of farmers can be estimated at 50 billion rubles. We expect a record harvest. Why limit the export?", — he is perplexed.


As stated A. Zlochevskiy, the Ministry of agriculture of the Russian Federation has agreed in principle with the abolition of export duties and this week plans to send materials to the government.

As noted Zlochevsky, high yield has led to a sharp drop in prices. In particular, since July 1, the third class wheat fell by 21% (at 2,400 rubles per ton, wheat of the fourth class 25% (2,600 per ton). Current sales of wheat of the third class, on average 9,000 rubles per tonne, but there is 8300 rubles.

"This is a critical level, as the cost of wheat of the third class is formed in the range of 7000-8000 rubles per ton", — said the head of the Grain Union.

Zlochevsky believes, "if the fall continues, the grain producers will be little payback".

"It is a sad circumstance to produce such a crop and lose money on it. that can lead to financial bankruptcy of the farmers, as not all will be able to fulfill the obligations of repayment of loans," he said.

The Russian government introduced export duties on wheat in February 2015. First she was nominated in EUR, then created a formula for calculating the fees in rubles. From 1 October 2015, it is 50% of the customs value minus 6.5 thousand rubles, but not less than 10 rubles per ton. Earlier it was reported that the Ministry of agriculture of the Russian Federation has prepared a letter to the government with the offer on zeroing of export duties for wheat, but not yet officially confirmed it. Evaluation of the Grain Union, the grain harvest in Russia in 2016 will amount to 114-118 million tons, which will be a record figure for post-Soviet Russia. Wheat crop the head of the Grain Union estimated at 69.5 million tonnes.



Translated by service "Yandex.Translation"
Источники: milknews.ru
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