In Russia, there is 2016 enough storage capacity for cereals for the very large harvest. The Chairman of the Russian grain Union announced yesterday that. You expect a grain harvest of 114 to 118 million tons, of which 69.5 million tons are wheat.
Russia has storage capacity for 120 million tons of grain, but only 40% of them guarantee a quality preservation. Therefore it calls by the Government, abolishing export duties on wheat; This would have brought so far of nearly 800 million US dollars loss of revenue farmers.
The Agriculture Ministry in Moscow sees too few warehouses only in the parts of Siberia, when more than 115 million tons of grain will be harvested. You go out but only by 110 million tons. 73 million tons of grain are already harvested, said yesterday.
The grain Association has estimated that Russia will export from the harvesting of 2016 / 17 38.5 million tons of grain, of which 28 million tonnes will be wheat. The USDA expects that this economic year for Russia the largest grain exporter, which the world will be followed by the EU, which had the lead in export in the last financial year with 30 million tons.
