Rice fields in Krasnodar creato: Vitaly Timkivi / RIA Novosti
Russian stocks of rice reached a minimum level and can dry out by August. This was reported in the southern rice Union (URS), reports “Interfax”.
According to experts YURS, in the current season stocks of domestic cereals reduced rapidly because of its low quality. In addition, in 2018 the acreage was the lowest for the past ten years is about 117 thousand hectares. “the Average rate of decline of residues of rice in volume of 60 thousand tons allows to predict that in the current season stocks of domestic rice will be depleted by the beginning of August,” — said the organization.
Reducing the stock of rice is accompanied by a rapid increase in prices for cereals. So, on 14 June the wholesale price of a ton of rice was 42 735 rubles, 300 rubles more than the previous week. From may 24, the price of cereals increased by 3 725 rubles, and compared to the average price of the June 2018 — 8 177 rubles. In may of this year the average price was 39 385 rubles per ton.
In YURS said that in recent years the stocks of Russian paddy rice was dried up in the second half of the year. For example, in 2017 the Russian cereal production ended the beginning of September, in 2016 and 2018 — at the time of receiving the new crop.
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