Mongolia will get loan of 10,000 tons of wheat from Buriat, Russian Federation.

May 2 • Economy • 390 Views • No Comments on Mongolia will get loan of 10,000 tons of wheat from Buriat, Russian Federation.

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Mongolia needs 43.4 thousand tons of seed for the spring plantation. But Mongolia is in short of 13 thousand tons of seed. 1020 companies and farmers made request to get seed from the Plantation Support Fund of the Ministry of Food, Agriculture, Light Industry. It will start its distribution April 22 2009. 2400 tons of wheat seed is distributed so far. Companies will buy wheat seed with 700,000 MNT per ton and they have to pay 30% in advance. Another 10,000 tons seed will be delivered from Buriat, Russian Federation. Spring plantation will start this May 10.

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