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The President of Russian Federation Dmitry Medvedev held a meeting in Taganrog on the stabilization of the domestic grain market.

August 12, 2010: Dmitry Medvedev held a meeting in Taganrog on the stabilization of the domestic grain market. Measures to address the consequences of the drought, support for agricultural producers and food prices were also discussed.

The President stressed the importance of interaction between the regions in addressing these issues and rigorous control over the funds allocated to support agricultural producers who have suffered losses. To date, financial support totals about 35 billion rubles, and further allocations are expected from the regions.

The meeting participants discussed in detail grain market pricing, the development of logistics capabilities in Russia to satisfy the needs of the regions affected by wildfires and the drought, the exports moratorium, as well as the possibility of extending the loans for agribusinesses and the forecast start of fodder grain trading from the intervention fund. The President instructed the Government to monitor food prices in connection with a poor harvest caused by natural disasters.

Meeting on stabilisation of the domestic grain market in Taganrog.


Earlier Dmitry Medvedev held a working meeting with Governor of the Rostov Region Vasily Golubev, who briefed the President about the socio-economic situation in the region.

At the meeting Mr Medvedev said the state of emergency has been cancelled in the Mari El Republic and the Vladimir and Voronezh regions. A state of emergency was declared by Presidential Decree of August 2 in seven Russian regions affected by wildfires: the republics of Mari El and Mordovia, as well as Vladimir, Voronezh, Moscow, Nizhny Novgorod and Ryazan regions.

The President visited the Priazovye agricultural cooperative. After talking with farmers Dmitry Medvedev instructed Agriculture Minister Yelena Skrynnik to explore the question of reducing intermediaries' excessively high mark-ups on agricultural products.

President Medvedev on Visit to the Krasny Desant children's health resort.


In addition, the President visited the Krasny Desant children's health resort, where 800 children are currently staying, including children from the Voronezh Region, which had been hit by forest fires.

The meeting was attended by Presidential Aide Arkady Dvorkovich, Agriculture Minister Yelena Skrynnik, Presidential Plenipotentiary Envoy to the Southern Federal District Vladimir Ustinov, Rostov Region Governor Vasily Golubev, Deputy Finance Minister Alexander Novak and heads of agricultural enterprises and cooperatives.