Arkady Zlochevsky, President of the Russian Grain Union, during a press conference at the Moscow Regional Information Center «Rossiya Segodnya»MOSCOW, May 30 . The topic of the coming famine is informational hysteria that provokes unjustified global growth in food, in fact there are no threats of its shortage, Arkady Zlochevsky, President of the Russian Grain Union, believes. «This pumping and informational hysteria about the coming famine is actually they only play for price growth. And, from my point of view, this is not the best game, which will end up rather badly in the end,» Zlochevsky said at a press conference at the international multimedia press center of the Rossiya Segodnya International News Agency.
Russia is increasing grain supplies in order to starve the world «The game of raising prices just leads to real threats to food security, because there are simply no threats to physical supply, the availability of food, and there simply cannot be any fears about a possible shortage of resources» — He believes. The head of the RGU called unfounded the statements of international experts that food supplies in the world are limited to ten weeks, and that this is a threatening situation. “It causes nothing but laughter. You can simply calculate: for many years the FAO (Food and Agriculture Organization of the United Nations — ed.) has recommended keeping 17% of world consumption in stocks … But if you multiply 52 weeks a year by 17 %, then there will be enough stocks for nine weeks.The statements sound like a disaster, but what kind of shortage can we talk about? — Zlochevsky noted. As for wheat, he continued, the price for it, taking into account objective factors, should fall, and quite strongly — for example, there is a margin of safety for the remnants of the old season, and good harvests are expected. if the situation with respect to food supply were aggravated and there would not be slingshots on the logistical routes in the form of the cost of transportation and insurance of goods, then the world price for it (wheat — ed.) would be, according to my estimates, no more than 300 kopecks dollars per ton against today's $450. This is the price of hysteria,» the head of the RGU concluded.
