Tuesday 25 June 2013

Guest post: Russia as the world’s new bread basket | beyondbrics

"The world’s agricultural industry needs a radical shake up. Falling food production and rising demand means it is vital that the sector improves production efficiency and increases the amount of land under cultivation.

But the world’s largest producers have little, if any, land to open up and are already operating close to maximum efficiency. With 40m hectares of uncultivated tillable land, Russia has the potential to become the world’s number one cereal producer and provide the global bridge between food supply and demand.

Recent years have seen prices for staple foods soar. Hikes in grain, maize and rice in early 2008 led to social unrest and riots across Africa, South America and Asia. Although prices fell again during the global recession later that year, they have climbed steadily throughout 2009, 2010 and 2011."

'via Blog this'

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