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Azerbaijan to increase grain reserves

Business Materials 2 January 2015 15:10 (UTC +04:00)
Azerbaijan will increase the volume of grain reserves in the State Grain Fund,
Azerbaijan to increase grain reserves

Baku, Azerbaijan, Jan. 2

By Maksim Tsurkov - Trend:

Azerbaijan will increase the volume of grain reserves in the State Grain Fund, according to a decision of Azerbaijan's Cabinet of Ministers published in the official press.

Under the decision, the volume of the fund's grain reserves will be increased from 500,000 metric tons to 750,000 metric tons.

"The decision was made to prevent an indirect or direct impact on the population's grain supply, which could be impacted by a long-lasting drought in the country and/or climate changes in neighboring countries that are producing grain," the message said.

In Jan.-Nov. 2014, Azerbaijan produced 2,379,400 metric tons of grain.

An average of 24 quintals of grain was harvested from one hectare of the planted areas.

According to Azerbaijan's Agriculture Ministry, the annual demand for grain stands at three million metric tons, of which 1.65 million metric tons account for wheat.

Edited by CN

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Follow the author on Twitter: @MaksimTsurkov

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