Energy News  
FARM NEWS
Putin scythes Russia harvest forecast

Putin last week shocked international markets by announcing that from August 15 Russia would ban exports to keep prices down at home and ensure there was enough feed grain for its cattle herd.
by Staff Writers
Moscow (AFP) Aug 9, 2010
Russian Prime Minister Vladimir Putin on Monday slashed the leading wheat producer's grain harvest forecast due to a record drought, saying it would produce 10 million tonnes less grain than planned.

Russia's grain harvest for 2010 will be 60-65 million tonnes, Putin said at a meeting with Agriculture Minister Elena Skrynnik, Russian news agencies reported.

Only last week, Skrynnik's deputy had given a forecast of 70-75 million tonnes.

Russia has seen 10 million hectares (25 million acres) of land destroyed in the drought and the new figure represents a massive fall compared with its 2009 harvest of 97 million tonnes.

Putin last week shocked international markets by announcing that from August 15 Russia would ban exports to keep prices down at home and ensure there was enough feed grain for its cattle herd.

The ban is to run until December 31, when it will be reviewed, the government said then.

Putin indicated Monday he would be in no hurry to lift the ban.

"There is no need to count on a quick removal of the export ban," Putin said. Last year, Russia exported 21.4 million tonnes of grain and was one of the world's leading wheat exporters.

He said Russia required 78 million tonnes of grain for its domestic needs and would be able to cover the shortfall with 9.5 million tonnes from a state fund and 21 million tonnes left over from last year's harvest.

"If someone is waiting for December 21 or December 31 of this year then it is in vain because we are going to have to look at removing the export ban only according to the results of the harvest of the current year," he said.

The powerful premier said the situation was further complicated by the fact the extreme weather meant the sowing of winter crops had not even started in many regions.

The severity of the drought has seen states of emergency declared in 27 regions and dealt a major blow to Russia's ambitions of ramping up its global market share over the next years.

Putin's decree imposing the export ban said that Russia would ask fellow members of a regional customs union -- Belarus and Kazhakhstan -- to make a similar move.

The Kazakhstan Agriculture Ministry's Secretary Yevgeny Aman said Monday that even under the most pessimistic harvest scenario "we will still be able to export grain in sufficient quantities."

"This is why the government is not taking any restrictive measures so far," he told journalists in Astana, the Interfax news agency reported.

But he emphasised that Russia would now be a prime destination for Kazakh grain exporters.

Putin's shock expport announcement last week catapulted global wheat prices to two year hights and sparked worries that consumers could see price rises in the most basic food items such as bread and beer.

It was criticised by some Russian observers who said it would take Russia years to regain its export market position.



Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Farming Today - Suppliers and Technology



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


FARM NEWS
Global warming threatens Asian rice production: study
Washington (AFP) Aug 9, 2010
Even modest rises in global temperatures will drive down rice production in Asia, the world's biggest grower of the cereal grain that millions of poor people depend on as a staple food, a study published Monday warned. Researchers from the United States, the Philippines and the Rome-based Food and Agriculture Organization (FAO) looked at the impact of rising daily minimum and maximum tempera ... read more







FARM NEWS
Satellites help measure Earth's water

NASA Instrument Tracks Pollution From Russian Fires

TerraSAR-X Image Of The Month: Tracking The Catastrophic Oil Spill

NASA Images Show Continuing Mexico Quake Deformation

FARM NEWS
adidas Turns Your Smartphone Into A Personal Coach

Russia To Launch 3 Glonass Satellites In September

Soap maker creates unease over Brazil GPS spying stunt

China Launches Fifth Satellite For Its Own Global Navigation Network

FARM NEWS
Indonesia 'woefully inadequate' on illegal loggers: probe

Logging a threat to Europe's last primeval forest: activists

Reforestation Projects Capture More Carbon Than Industrial Plantations

Russian highway protestors target French company

FARM NEWS
ICCC Lab Becomes National Leader In Biodiesel Testing

Can We Secure Our Fuel Supply With The Help Of Algal Blooms

SG Biofuels To Expand Jatropha Research And Development Center

Biofuel Study Looks At Cost To Wildlife And Environmental Diversity

FARM NEWS
New Study Sheds Light On U.S. Wind Power Market

ACCIONA Energy Moves Forward With Lameque Wind Power Project

China Green Policies Spur Local Wind Energy And Photovoltaic Markets

Suntech To Energize Southeast Asia's Largest Solar Power Plant

FARM NEWS
Canada looks to utilize wind energy

LADWP Approves New Wind Project

German wind growth down, exports strong

Study Shows Stability And Utility Of Floating Wind Turbines

FARM NEWS
21 dead, 12 trapped in China mine accidents

Chinese rescuers battle to save 24 trapped in mine

Philippines police detain 80 Chinese miners

China mine owner detained after 28 die in colliery fire

FARM NEWS
China dissident's PM book set for release amid jail threat

Hong Kong people rally to save Cantonese language

UN 'concerned' over Nepal's repatriation of Tibetans

Hong Kong plans rally to save Cantonese language


The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement