俄罗斯稳定小麦市场

在俄罗斯政府表示将动用其谷物储备以满足其贸易伙伴的需求以缓解出口担忧后,本周小麦价格趋于稳定。

Russia is experiencing its worst drought in 120 years, and the severe conditions have all but decimated the country’s grains. The country’s agriculture ministry is expecting a 75-million-tonne shortfall this year, but much of it is reportedly used for animal feed.

俄罗斯农业部表示,俄罗斯拥有超过 2100 万吨的粮食库存,足以满足国内需求并满足其出口承诺。

The drought has hampered Russia’s initiative to rival the US as a significant producer of the world’s food, which is a policy that the country is expected to redouble once the weather becomes for favorable. As Russia examines its policies and the status of its farmers for the 2011/12 growing season, subsidies and/or inexpensive loans could drive greater demand for inputs as the country tries to replenish its food stocks.