Russian farmers are ready to "milk intervention"

Government Regulation igry09-10-2009 Russian farmers are ready to "milk intervention," the Government is ready to carry out intervention to support dairy producers. Procurement procedure must be defined before the Ministry of Agriculture on December 1 this year. An intervention is planned to start in the spring, when will the so-called period of "more milk". From the federal budget goes to 27 billion rubles in subsidies and interest rate subsidies of milk producers, which will allow farmers to maintain profitability. These measures are designed to solve the problem of low purchase prices for dairy producers. This year, the fall in demand and the effect of seasonal factors have led to the fact that milk prices have fallen by 10% -15%. Reduced profitability affects the dairy farms that public procurement will be taken to help the state. It is assumed that the list of objects of public procurement interventions will include UHT milk, butter and hard cheeses.