Wednesday, January 17, 2018

P.J. Media: Russia Reaps What Privatization Sows in Great Grain Revolution

By SIMON CONSTABLE

While few have noticed, Russia has quietly grown into a new role: Top dog in the global wheat trade.

An astonishing rise in productivity, which has seen the country's wheat output more than double in size since the late 1980s, comes primarily as a result of privatization of the agricultural sector. A potential bonus for the former Soviet economy is that if, as some analysts expect, prices for the grain jump the country could see a bump in export earnings. Read more here.


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