GRAIN MARKET OF RUSSIA: ASSESSMENT OF FEATURES OF FUNCTIONING

Issue № 1, 2016, article № 8, pages 54-61

Section: Agrofood market

Language: Russian

Original language title: ЗЕРНОВОЙ РЫНОК РОССИИ: ОЦЕНКА ОСОБЕННОСТЕЙ ФУНКЦИОНИРОВАНИЯ

Keywords: AGROFOOD MARKET, MARKET OF GRAIN, PURCHASING INTERVENTIONS, EXPORT AND IMPORT OF GRAIN, PRICE OF CORN, PRIME COST, GRAIN STORAGE

Abstract: Ensuring balance of production and consumption of grain is the major task for the state therefore the special attention needs to be paid to regulation of the grain market. In article the main tendencies of development of the Russian market of grain in the conditions of sanctions are considered, the main positive and negative consequences and the directions of their influence are given in the domestic grain market of the country, the share of grain crops in export of the Russian grain and volumes of purchasing interventions is shown. The main objective of carrying out the state purchasing interventions is stabilization of the prices in the market of agricultural production, raw materials and food, and maintenance of level of the income of agricultural producers. At market condition change by the Ministry of Agriculture of the Russian Federation the intervention prices are adjusted. Now in intervention fund there are more than 2 million t of grain. Because of depreciation of the ruble doing deliveries to foreign markets more favorable in comparison with sales within the country the export customs duty on wheat was entered. The expert community negatively estimates the decision on introduction of export duty and its short-term, and, above all strategically long-term influence on development of grain branch. Introduction of paid driving through federal highways for trucks also has negative impact on the grain market. The current and possible devaluation processes in medium-term prospect will have serious impact on price indicators of the market.

Authors: CHechenov Islam Magometovich