Thus, for wheat of the 3rd class suggested to be set at 10 300 RUB./ton, 5.5% lower than the prices set for the current season, the 4th-class – 9000 RUB/t (down 13.5%), 5th grade – 7600 RUB./t (-13,6%).

The corresponding draft order of the Ministry of agriculture has sent to the Federal Antimonopoly service, said the Agency. These prices are a bit above the current market level, they are quite comfortable for producers, said the representative of the Ministry of agriculture.

The state applies the mechanism of interventions to control domestic grain prices in autumn after receipt of the harvest to the market prices fall, so the state buys grain from producers to support them. In winter and spring, on the contrary, to prevent the growth of prices it is selling grain from the intervention Fund to consumers and processors.

In 2016, Russia harvested a record grain harvest in history – of 120.7 million tons in Spite of this, sell significant volumes for export is not possible: in July-February 2016/17 G. overseas shipped 24.6 million tons of grain, or 3.5% lower than a year earlier, the USDA relied on data from the FCS.

Besides Turkey, one of the largest buyers of Russian wheat, from March 15 established prohibitive import duties on Russian wheat, corn and other agricultural products.

Photo: ikrim.net