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Article: Union Says Surplus Hurts Grain Market, THE MOSCOW TIMES
- Article from:
- The Moscow Times (Russia)
- Article date:
- September 18, 2002
- Author:
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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00-00-0000
Even as two years of bumper crops have inspired official hopes for
a
decade of strong grain exports, the Russian Grain Union said Tuesday
the
market could hardly be worse.
Infrastructure constraints on exports and a long drop in domestic
demand since the Soviet era have limited options for selling the massive
surpluses, depressing grain prices and leading farmers to sow 20 percent
less area for their winter crops, the union said at a news conference.
Ahead of a government session Thursday that will cover development
of
and intervention in the grain market, the union has demanded short-
term
measures including government purchases and lower railway tariffs
to boost ...
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