Federal Law No. 144-FZ amending Federal Law No. 264-FZ on agricultural development. Country/Territory Russian Federation Document type Legislation Date 2017 Source FAO, FAOLEX Subject Agricultural & rural development Keyword Agricultural commodities Financial agricultural measures Fiscal and market measures Geographical area Arctic, Asia and the Pacific, Black Sea, Caspian Sea, CIS (Commonwealth of Independent States), Eastern Europe, Europe, Europe and Central Asia, North Pacific, North-West Pacific Entry into force notes This Federal Law enters into force on the date of its official publication. Abstract Article 14 shall be amended to add the following wording: "State procurement interventions (public purchase of agricultural commodities) shall be conducted in case of decrease in prices for agricultural products sold below the minimum calculated prices through the purchase, including on exchange trades, from producers of agricultural commodities produced directly by them, from organizations and individual entrepreneurs engaged in primary and (or) subsequent (industrial) processing of agricultural commodities produced by agricultural enterprises or individual producers on the territory of the Russian Federation, agricultural commodities processed thereby, or through pledge transactions with agricultural commodities." Full text Russian Website www.pnp.ru References - Legislation Amends Federal Law No. 264-FZ on agricultural development. Legislation | Russian Federation | 2006 Keyword: Agricultural development, Agricultural commodities, Cooperative/producer organization, Credit, Smallholders/peasants, Basic legislation Source: FAO, FAOLEX