Cereal intervention stopped

Government Regulation igry08-02-2010 Cereals intervention halted the Russian government has decided to temporarily suspend the cereal intervention. About this after the meeting in Kursk on issues related to the grain markets, said First Vice Premier Viktor Zubkov. According to officials, the state will monitor the situation on the grain market, and then in March a decision on the need for further intervention. In this case, the first vice-premier noted that a sharp drop in grain prices the state can resort to the "point" of grain procurement. "We have suspended the intervention of time, although the money we have is two billion rubles" - quoted Zubkov, RIA Novosti reported. Bulk purchases of grain by the state, on a plan the government had to head off a possible collapse of prices for this kind of agricultural products and, consequently, to support the Russian farmers. In 2008 had a record for the last time cereal harvest and there was a sharp decline in prices. To this end, the government and resorted to grain interventions.