Measures to stabilize grain prices will determine in October, he said

© RIA Novosti / Vitaly to Timepiece in fotomontage wheat. Archival photoMeasures to stabilize grain prices will determine in October, he said© RIA Novosti / Vitaly to Timepiece the image Bank

The method of stabilization of domestic grain prices in Russia will be determined at the beginning of October, while still considering some options, including traditional buyout in the intervention Fund and the subsidy of rail transportation, said the head of the Ministry Alexander Tkachev.

«Today, we are going to use all the tools… and we are now seeking funding, and I think that in the beginning of October we will actively start this work», — said Tkachev, speaking on Wednesday at the government hour in the state Duma.

Earlier in an interview with RIA Novosti he said that in order to stabilize domestic grain prices must be «clean» from the market 3 million tons of grain. It is also considering the option of a 100% subsidy of rail transportation of grain from the Urals, the Volga region and other regions in southern ports to boost exports, said the Minister.

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