Display:
I heard that one of the best things the EU could do would be to build grain silos in Ukraine - the implication being that Ukraine's problem is more irregular yield rather than insufficient average yield over the long term.

That is, if they needed US help it may have been they had a bad year, not that there was a lot of land laying fallow.

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes

by Migeru (migeru at eurotrib dot com) on Mon Apr 7th, 2008 at 01:21:22 PM EST
[ Parent ]
From articles from recent years in a Hungarian agriculture magazine, I find both Ukraine and Russia have fluctuating production of grains, but all the fluctuation is export -- say for Ukraine, between exporting 13 million tons out of 40 million and 3 million out of 30 million.

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Mon Apr 7th, 2008 at 01:26:13 PM EST
[ Parent ]
But that would have a big impact on global grain prices.

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes
by Migeru (migeru at eurotrib dot com) on Mon Apr 7th, 2008 at 01:51:10 PM EST
[ Parent ]
Droughts and over-hot spells have produced fluctuations in wheat harvests, not just in Ukraine, but in Canada, the EU, and above all Australia, over the last few years. This is the main single reason for high wheat prices.
by afew (afew(a in a circle)eurotrib_dot_com) on Mon Apr 7th, 2008 at 03:42:19 PM EST
[ Parent ]

Display:
Login
. Make a new account
. Reset password
Occasional Series