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Grain export ban to head off price rises

Published: 07 August, 2010, 11:31
Edited: 08 August, 2010, 01:28


Russia’s catastrophic summer drought which has brought a succession of record high temperatures and record low rainfall figures, has pushed the government to impose a temporary export ban on grain.

 
1 COMMENT
Citizen 0 August 08, 2010, 00:31 quote
0

This is strange to say the least. Not so long ago I read a story and watched a report about the state of agriculture in Russia, especially that of grain/wheat farmers. I basicly boiled down to this; while the farmers themselves got paid miserably and had to sell their product at a ridiculously low price, larger companies that bought, stored and sold grain made huge profits. They have now so much in storage that they had to keep it there in order to wait for "better times" when they could sell the grain at a higher price. This leaves first the farmers in the same situation as every other regular workers in Russia - poor or with barely enough money, and second this fire does not mean anything UNLESS the grain storage companies sell what they have at a normal price. But - what`s the point of having a crysis and not making money off it, right? Russia`s problem is neither fire nor alcoholism, nor bad roads. It`s the politicians and the so-called "oligarchs" who get away with unthinkable sums of money while everybody else is left on the brink of poverty, and it does not seem like the current government is somehow different from the one before it, they just legalized who or whatever could be legalized and left everybody else untouched.

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