THERE IS NO PRICE-CUTTING ON THE GRAIN MARKET

A&G Information Services,  March, 2004  

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A&G Information Services 03-23-2004 THERE IS NO PRICE-CUTTING ON THE GRAIN MARKET ST.PETERSBURG, RUSSIA, MAR 22, 2004 (A&G News via COMTEX) -- The state has sold to grain processing enterprises 40% of the state supplies of grain. Contracts for supply of 602 thousand tons of grain have been concluded since the beginning of the intervention (February 18, 2004).

However, in spite of the high rates of interventional auctions, prices for grain don't go down yet. According to analysts, it takes some time in order that the appearance of cheap interventional grain ...

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