Wool in Russia may become a commodity on the exchange.

Annually, the country produces 43 thousand tons of this product. Wool in the Russian Federation may become a commodity, as provided for in the "roadmap" for the development of the industry, which was adopted in May of this year. This was reported by the First Deputy Minister of Agriculture of the Russian Federation, Elena Fastova, at a meeting of the Chairman of the Federation Council, Valentina Matvienko, with producers, experts, and representatives of the industry from the CIS countries. "We must establish cooperatives that will collect quality raw materials for processing, make wool a commodity, we are also working on this, promote the brand 'Wool of Russia' and make long-term agreements between producers and processors," she said. According to her, other measures are also envisaged to develop wool production, including that intended for the production of fabrics. As Fastova reported, at present, the Russian Federation produces 43 thousand tons of wool per year, exporting it to ...