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Arkady Zlochevsky: The situation in Russia's grain market consists not too favorably

Oct 13th, 2009 | By admin | Category: Company News

Grain yield in Russia in 2009 is expected to reach 93 million tons, said at a press conference in Moscow Rossiyskogo Grain Union President Arkady Zlochevsky.

According to him, this figure is given in view of weather risk, which this year formed in the Siberian region. In the case of favorable weather conditions, harvest may be a little more pointed Zlochevsky.

Russia's grain exports for the year will be from 16 to 20 million tons against 23 million tons of grain last season, said during a press conference Arkady Zlochevsky. The situation on the grain market consists not too favorable: in CFD grain prices have fallen, so have to sell it at very low prices in the market, thereby aggravating the economic situation.

However, according to President Rossiyskogo Grain Union, this year will be eliminated by more winter than in 2008 - under them already occupied by 8 million hectares of land. Prerequisites for the growth of prices for bread not.

Speaking about the general situation in the market, Arkady Zlochevsky said that Russia is not the first time experiencing a sharp drop in grain prices, so overwhelmed before, right and in this year. Foundation for the future laid a good harvest, so it is possible that in February, world grain prices will rise, he said.

According to the president Rossiyskogo Grain Union, the market of sunflower on the rise in prices. This year's sunflower crop is good - more than 6 million tons.

Speaking of the world's supply, Zlochevsky noted that this year's grain market has shrunk. To solve this problem to develop new sales territory, for example, the market of Southeast Asia, - he explained.
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