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Russian Grain Market: Records In 2013-2014 My And New Season Prospects

Author

Listed:
  • Natalia Karlova

    (Gaidar Institute for Economic Policy)

Abstract

High volumes of grain production in 2013, the devaluation of the national currency and concerns about likely disrupti ons in grain supplies from Ukraine allowed Russia to increase its grain export volumes in the period of 2013- 2014 MY1 and achieve the second highest result after record-high supply volumes in 2011-2012 MY. Grain export proceeds encourage large exporters to invest available resources in the market infrastructure and strengthening the country’s export potential. Russia by 2023 may improve its world ranking to 3rd (from 6th) among the largest grain exporters, according to the data provided by international analysis agencies.

Suggested Citation

  • Natalia Karlova, 2014. "Russian Grain Market: Records In 2013-2014 My And New Season Prospects," Russian Economic Development, Gaidar Institute for Economic Policy, issue 9, pages 33-35, September.
    • Handle: RePEc:gai:recdev:388
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    More about this item

    Keywords

    Russian economy; Russia’s grain market; grain production;
    All these keywords.

    JEL classification:

    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity

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