Russian talk of resuming grain exports might just be that. Last summer's drought cut production...


Russian talk of resuming grain exports might just be that. Last summer's drought cut production by 40% and still leaves much acreage too crusty to plant. With food security now a major political issue, don't expect any grain to leave the country. Grain ETFs (GRU) (JJG) are up about 70% since the export ban last summer.

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Comments (2)
  • youngman442002
    , contributor
    Comments (5123) | Send Message
     
    If they do it will only be their rotting stock...not the good stuff....at a premium price of course
    1 Feb 2011, 10:40 AM Reply Like
  • spald_fr
    , contributor
    Comments (2814) | Send Message
     
    The Russians tell a thousand different lies to a hundred different countries, but save the best lies for themselves.
    1 Feb 2011, 10:46 AM Reply Like
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