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Agriculture Ministry estimates 2010 grain harvest
RBC, 02.09.2010, Moscow 15:12:18.According to the Russian Agriculture Ministry, Russia has sufficient grain reserves, Agriculture Minister Yelena Skrynnik announced at today's State Council presidium meeting on domestic food market regulations. "The ministry estimates the grain harvest at about 60m-65m tonnes in 2010, plus reserves. This allows us to ensure the domestic demand currently projected at 77m tonnes," Skrynnik stated. She also noted that 43.5m tonnes of grain had already been harvested, but pointed out that the final figure would only be known in late November of this year. "There are no reasons to expect abrupt price increases or a food product deficit," the minister said. According to her, milk production is expected to remain at last year's level of 32.7m tonnes, 7m of which will be imported. Skrynnik also indicated that any price increases were merely speculative, and the ministry did not see any economic reasons for such developments.
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