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Russian Grain Market: Records in 2013-2014 MY and New Season Prospects

Russian Economic Developments. Moscow, 2014, #9, pp. 33-35

3 Pages Posted: 23 Sep 2014

See all articles by Natalia Karlova

Natalia Karlova

Gaidar Institute for Economic Policy

Date Written: September 23, 2014

Abstract

High volumes of grain production in 2013, the devaluation of the national currency and concerns about likely disruptions in grain supplies from Ukraine allowed Russia to increase its grain export volumes in the period of 2013- 2014 MY 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.

Keywords: Russian economy, Russia's grain market, grain production

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JEL Classification: Q13, Q14, Q15, Q16, Q17, Q18, Е22

Suggested Citation

Karlova, Natalia, Russian Grain Market: Records in 2013-2014 MY and New Season Prospects (September 23, 2014). Russian Economic Developments. Moscow, 2014, #9, pp. 33-35, Available at SSRN: https://ssrn.com/abstract=2500125 or http://dx.doi.org/10.2139/ssrn.2500125

Natalia Karlova (Contact Author)

Gaidar Institute for Economic Policy ( email )

3-5 Gazetny Lane
Moscow, 125009
Russia

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