Grain and Oilseeds
We are pleased to inform that the Procedure for calculation of grains and by-products natural losses during storage in grain warehouses and grain processing enterprises was approved by the Minagropolicy`s Order No316 dated 12 June 2019, wich comes into force on 6 August this year.
The relevant Order establishes common rules and regulations for displaying the accounting of grain and by-products for its processing, the write-off of grain natural losses. This, in turn, will allow grain enterprises and silos to avoid additional costs and trace the loss of grain during storage and processing into finished products.
The European Business Association would like to express our gratitude to Minagropolicy for this important decision for the grain business community.