Thursday, 17 September 2009

Russia to increase rice production by 100 thsd tonnes

In 2010, Russia plans to increase rice production by 100 thsd tonnes, declared Elena Skrynnik, the Minister of Agriculture of the Russian Federation, on September 2.

According to her, to date, the general volume of rice consumption in the country totals 1.2 mln tonnes per year. At the same time, Russia produces 700 thsd tonnes of rice only. That is why, the country will increase rice production volumes, marked the Minister.

Due to federal and regional subsidies, agrarians of Russia increased profitability of rice production by 6-7%, added E.Skrynnik. The level of profitability of rice growing enterprises, dealing with production of seed material, exceeds the rate of 100%. Rice yield in such enterprises totals 80-90 c/ha. To date, Krasnodar Krai in Russia produces 80% of the general Russian rice volumes.

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