29 November, 2015 AsiaNews.it Twitter AsiaNews.it Facebook            

Help AsiaNews | About us | P.I.M.E. | | RssNewsletter | Mobile

mediazioni e arbitrati, risoluzione alternativa delle controversie e servizi di mediazione e arbitrato

e-mail this to a friend printable version

» 08/06/2010
Russia bans wheat exports
20% of cereal crops destroyed by drought and fires. Prime Minister Putin speaks precautionary measure and reassures that there are sufficient stocks for domestic consumption. But grain prices in Russia have increased more than the world markets. The new sharp price increase will cause problems for big importers.

Moscow (AsiaNews / Agencies) - Russia has banned the export of wheat, flour, maize and other cereals from 15 August to 31 December, after the severe drought and devastating fires in recent weeks that have destroyed 20% of grain crops . further large increases in world prices of wheat are expected, which has already risen by 70% this summer.

Prime Minister Vladimir Putin yesterday announced a ban on exports - during a televised Cabinet meeting - as a precautionary measure, saying the country still has sufficient reserves, but it is necessary to "prevent increases in domestic price of food, preserve the number of cattle and provide reserves for next year. " After the next harvest it will decided whether to extend the ban in 2011.

Just two days ago the Minister for Agriculture Alexander Belyayev had ruled out such a prohibition, ensuring that reserves cover domestic demand and were well enough to continue their exports. Moreover the farmers have little interest in the foreign market, given that grain prices have increased more rapidly in Russia and around the world.

The ban will cause an increase in world price of bread, primarily benefiting countries like U.S., Australia and Argentina, major exporters of cereals, while Canada and the European Union does not forecast large harvests. Conversely, it could starve entire regions of the Middle East, Africa and Central Asia, where the price of food is a large part of household income.

The damage to crops was mainly caused by severe drought and warmest summer in the last 130 years. But the death blow was dealt by extensive fires that have burned over 650 thousand hectares of land in a week, with 40 deaths and 1,800 houses burned.

Moreover, Russian agriculture has lagged behind in development, with little investment since the collapse of the Soviet Union. Only in recent years has production improved, thanks to the intervention of Russian and foreign companies that buy large tracts of land under cultivation.

In 2009 Russia exported 21.4 million tons of grain.

e-mail this to a friend printable version

See also
04/17/2008 KAZAKHSTAN
In the world of the global economy, prohibitions on wheat exports are returning
02/15/2011 CHINA
Drought threatens 6.75 million hectares of crops
03/22/2010 CHINA
Worst drought in a century wipes out harvests in southwestern China
03/13/2010 ASIA
El Niño and heavy industry leave South East Asia waterless
01/13/2011 CHINA – EAST ASIA
World Bank expects China to lead Asia in growth in 2011

Editor's choices
Paris Massacre highlights the failure of Muslim integration in Europe
by Catherine FieldThe attack in the heart of France highlights the crisis of Europe’s model of coexistence. Social unrest, poverty and marginalisation feed youth extremism and radicalisation. A New Zealander journalist, expert on expertise in religion and interfaith dialogue, talks about it after undertaking a journey through the French Muslim world.
For Nîmes imam, Islam should not be held hostage by extremists
by Hochine DrouicheFrench imams condemn the Paris terrorist attacks and disassociate themselves from violence committed in "the name of our religion." At the same time, they ask Muslim communities to dare leading a life of dialogue and friendship with Europeans, without fear or arrogance. For centuries, Muslims have ruled out reason from their religious life. The vice president of French imams bears witness.
AsiaNews marks 12 years: Persecution and hope
by Bernardo CervelleraDespite a worldwide increase of ignorance, indifference and superficiality, many signs of love and hope resist even in the most gloomy situations: the Iraqi mother who gives birth to her child in a refugee camp and smiles even though she has nothing; the Indonesian Muslim mother who blesses her son who became a Christian and a priest; the Chinese Christian families that welcome children thrown away because of the one-child law.


Copyright © 2003 AsiaNews C.F. 00889190153 All rights reserved. Content on this site is made available for personal, non-commercial use only. You may not reproduce, republish, sell or otherwise distribute the content or any modified or altered versions of it without the express written permission of the editor. Photos on AsiaNews.it are largely taken from the internet and thus considered to be in the public domain. Anyone contrary to their publication need only contact the editorial office which will immediately proceed to remove the photos.