Russia’s cereal markets: current trends, changes in net-trade position, and policy implications
Published: 17.05.2004
Authors: Marc Müller, Peter Wehrheim
This paper provides an overview of the most recent developments on Russian cereal markets. A review of annual statistics on domestic production, trade, consumption, and storage of cereals reveals that the improvement in Russia’s net trade position cannot only be explained by increased productivity of grain producers. Exhausted storage capacities and lowered real trade costs…