Putin instructed the government to buy grain from farmers in the state Fund

The President of Russia supported the purchase of grain from farmers in the state intervention fund and gave the relevant instructions to the government. Vladimir Putin made this statement at a meeting with leaders of Russian political parties in the Kremlin.

I will soon have a supervising deputy prime minister (Dmitry Patrushev). - "Kommersant"), we will discuss all this with him. I hope that the situation will be resolved, Vladimir Putin added.

The mechanism of procurement and commodity interventions has been operating in Russia since 2001. The state removes excess grain from the market to stop its cheapening. State grain purchases are aimed at supporting domestic producers who have faced difficulties in exporting due to attacks by the Ukrainian Armed Forces on ships in the Black Sea and grain terminals of Novorossiysk. Shipment of main types of grain for the second decade of September decreased to 381 thousand tons against 1.6 million tons last year.

The authorities will buy 3 million tons of grain from domestic farmers in 2026-2027 through the mechanism of procurement interventions. On behalf of the Ministry of Agriculture, they will be carried out by the United Grain Company. It began selecting storage facilities for grain in 14 regions. Now the volume of the state fund is 3.7 million tons, its main reserves are stored in Siberia and the Volga region. The main share of reserves (about 3.6 million tons) is food wheat.