Black Earth Farming leader of the revolution?
Russia builds a future for wheat
Given a plentiful supply of cheap, high-quality farmland, is Russia poised to become a key player in the drive to solve looming global food shortages? Guy Norton reports from Moscow.
THE SOCIO-ECONOMIC dislocation of the 1990s wrought widespread havoc in the Russian countryside and relegated agriculture to a bit part role in the countrys unfolding financial drama. Before the break-up of the USSR in 1991, agriculture in Russia was a big industry, accounting for 15.3% of GDP. As of last year that figure had slumped to just 4.4%.
But given surging soft commodity prices across the globe and recent political upheaval in countries such as Haiti and Egypt as a result of soaring food prices, Russian agriculture could enjoy a dramatic reversal of fortune.
"Food security is now as big an...
You must be a subscriber to access this archived content.
If your subscription includes access to the archive, please log in now to view.
To gain access to this content visit the subscription page or call our hotline on +44 (0)207 779 8999.
Subscribe online now and save up to 30% on your subscription.
If you are a trialist or subscriber, please enter your username and password at the top right-hand side of euromoney.com
Subscribers to Euromoney benefit from:
- 12 months access in print and online - on euromoney.com, read the latest issue early online, search for specific developments by region or sector, interrogate the results of Euromoney's benchmark polls, and view the archive dating back to 1996
- More than 30 specialist research guides free
- The results of Euromoneys polls and surveys
- Tailored RSS news feeds direct to your desktop
- News delivered directly to your mobile device or PC
- Personalised email newsfeed of 'Top stories' and 'Breaking news'
Click here to subscribe