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Former Soviet Union region to play larger role in meeting the world's wheat needs - USDA projects that wheat exports by Russia, Ukraine, and Kazakhstan will increase by 50 percent by 2019, and the region could lead the world in wheat exports by the end of the decade
May 21, 2010
Source: USDA/ERS Amber Waves
- By 2019, Russia could become the world’s top wheat exporter, and Russian, Ukrainian, and Kazakhstan wheat exports collectively could more than double those of the United States.
- Growth in the former Soviet Union’s grain production and exports may increase world food availability and, in the near term, help mitigate global food security concerns.
- U.S. wheat production is leveling off, as U.S. producers shift acreage to benefit from competitive advantages in corn and soybeans.
Full report
More news from: USDA - ERS (Economic Research Service)
Website: http://www.ers.usda.gov/ Published: May 21, 2010 |
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