Agriculture G20 may reduce food prices volatility - Skrynnik.

MOSCOW, June 23 (Itar-Tass) -- The action plan of G20 on volatility of
good prices and development of agriculture is complex, structured with
practical measures to solve the tasks, Russia's Agriculture Minister Elena
Skrynnik told G20 summit of agriculture ministers in Paris on Wednesday.
Implementation of the plan "will let working out at the international
level of a strategy for stable development of agriculture in mid- and
long-term, for improvement of information exchange of statistic data, for
cutting negative influence of exceeding volatility of food prices," she
said.
Russia appreciates the G20's efforts in solving the problem of
volatility of market prices, she said.
The G20 action plan includes four global initiatives: for organise
International coordination committee on studying wheat: organisation of
agricultural market information system: organisation of united system of
agricultural geo monitoring; establishment of a rapid reaction forum in
the framework of the food security committee.
Skrynnik said that Russia has certain experience, which will be useful
while solving the above tasks.
Russia has already in regions information-analytical system to balance
production and consumption.
As for the rapid reaction forum, she said it necessary to have there
officials of certain authorities.
"Russia may be represented by a deputy minister of agriculture, who
will have authorities to react promptly and make decisions, which may
influence directly agricultural production and food markets in crisis
situations," she said.