Russian grain reserves total 11 million tonnes on June 1, down 34.3% from year-ago period, according to government statistics; reserves at agricultural organizations down 29.5% to 4.5 million tonnes

MOSCOW , June 19, 2013 () – Grain reserves at agricultural, procurement and processing organizations in Russia totaled 11 million tonnes on June 1, 5.8 million tonnes (34.3%) less than there were on the same day last year, the Federal State Statistics Service (Rosstat) reported on Wednesday.

At agricultural organizations (excluding small agribusiness), grain reserves were down by 29.5% year-on-year to 4.5 million tonnes. Procurement and processing organizations had 6.5 million tonnes of grain reserves, down from 10.4 million tonnes.

Of reserves held at procurement and processing organizations, wheat accounted for 4.458 million tonnes, compared to 7.830 million tonnes on June 1, 2012. Of that amount, 3.562 million tonnes of wheat were suitable for food purposes, down from 6.338 million tonnes a year earlier.

There were 411,000 tonnes of rye reserves, compared to 616,000 tonnes at the beginning of June 2012. Of that amount, 349,000 tonnes were suitable for food use, versus 469,000 tonnes.

Millet reserves shrank from 37,000 tonnes on June 1, 2012 to 23,000 tonnes on June 1, 2013. Rice reserves dropped from 110,000 tonnes to 46,000 tonnes; barley reserves fell from 997,000 tonnes to 673,000 tonnes; oat reserves were down from 124,000 tonnes to 79,000 tonnes; and reserves of other cereal crops declined from 124,000 tonnes to 83,000 tonnes.

At the same time, corn reserves rose from 495,000 tonnes to 667,000 tonnes and buckwheat reserves rose to 56,000 tonnes from 48,000 tonnes.

Reserves in the Central Federal District edged up 0.1% to 2.828 million tonnes and in the Far Eastern Federal District rose 2.7% to 133,600 tonnes.

Reserves in the North-West Federal District declined 2.9% to 397,500 tonnes; those in the Southern Federal District were down 43% to 1.239 million tonnes; in the North Caucasus Federal District - down 26.6% to 575,000 tonnes; Volga Federal District - down 48.2% to 2.455 million tonnes; Urals Federal District - down 45.9% to 986,400 tonnes; and Siberian Federal District - down 38.4% to 2.411 million tonnes.

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