The Russian extension of grain "cut out that" increasing food prices rally.

<P> Russian Prime Minister Vladimir Putin, 22, announced that Russia this year's harvest 60 million tons of cereals, cereal scheduled to expire at the end of this year export ban will be extended to next July 1. .The same power as Ukraine's grain exports this month also announced the end of this year's cereal exports limited to 270 million tons of grain export quotas and the implementation of the auction. .</ P> <P> two major food exporter to tighten the supply of European initiatives and the latest series of international grain market, the formation of "interaction." .Xiaomaiqijia from the end of July so far, has risen nearly 40%. .Russia announced an extension by the influence of grain export ban, the Chicago wheat futures prices began to rebound in 22, were lower than the previous trading day closing up 0.3%, soybean futures prices also hit a 16-month high. .</ P> <P> Vladimir Putin Gordon River in the southern city of Rostov to attend a meeting of agriculture, said: "Despite the harsh conditions encountered, drought, Russia about 6,000 tons of grain harvested this year." </ P> <P .> Russia, in April this year, drought, disaster due to unusual heat in July and increased forest fires. .Ministry of Agriculture is expected to force the National Disaster cut 13.3 million tons grain cereal. .The federal government is expected later in the cereal production this year from 95 million tons down to 60 million to 65 million tons. .</ P> <P> Putin also announced that the grain export ban will be extended to next July 1. .He said that grain production to meet domestic consumption, but not enough for export. ."Domestic grain market stability and ensure the supply of livestock feed must be a priority." </ P> <P> grain export ban involving wheat, barley, rye, corn and other grain crops and flour. .Ban scheduled for this year is valid August 15 to December 31. .</ P> <P> Russia, said in August this year, the country's severe drought led to food as a substantial cut in the end of 2010 will ban food exports. .The ban has stimulated international food prices skyrocketing, Xiaomaiqijia from the end of July so far, has risen nearly 40%. .</ P> <P> Russia is a major exporter of wheat. .Japan's Kyodo news agency predicted that Russia will continue to extend the ban on grain exports to push international wheat prices, leading to noodles, bread and other food prices. .</ P> <P> Bloomberg news agency reported citing the U.S. Department of Agriculture data, as of June 30 next year, the Russian wheat exports are expected to decrease to 350 million tons, while export volume last year was 18.56 million tons .. .</ P> <P> the same as a major exporter of grain in Ukraine on 19 July announced the end of this year's cereal exports limited to 270 tons, of which 200 million tons of corn, wheat 50 million tons, 20 million tons of barley. .Government considers it necessary to set up grain export quota, because this year's cereal production is estimated at 39 million tons, 46 million tons over last year by 15%. .</ P> <P> Ukrainian Grain Association is expected this year in June next year in July during corn season, Ukraine grain exports to 12.7 million tons; and last season was 21.2 million tons grain exports. .</ P> <P> Northern Hemisphere weather fundamentals and add more tension. .Russian climate expert baby Khalaf measures, recently said the climate has an impact on national security, an important factor. .The main content of the meeting is likely to occur by 2020 to assess climate risk and develop response measures. .Khalaf said the baby measures, the next 20 years to 30 years, global warming will continue and will only get worse. .Meanwhile, rainfall and wind and other climate phenomena will change. .For example, arid regions of southern European Russia increased, while precipitation in the rainy north will continue to increase. .Therefore, in arid areas should be more emphasis on fire, in the rainy flood areas should be concerned about such issues. .She said that the establishment of a sound information storage system and the development of high-tech means as necessary means of prevention. .</ P> <P> banned grain exports along with Russia, Ukraine grain exports and limit the weak dollar, U.S. wheat is expected before the end of this year, "lead" the international wheat market. .</ P> <P> Netherlands, Rabobank, 22 published in the monthly report made the point of view. .Reported that, despite the higher transport costs, the U.S. wheat exporters more competitive than their European counterparts. .</ P> <P> report, for example, the world's largest wheat importer in Egypt this week to purchase price of U.S. $ 279.8 per tonne of wheat produced 11 million tons, to $ 296.06 per ton price of 12 million tons of wheat made the purchase method. .</ P> <P> Rabobank expects the Southern Hemisphere wheat production does not enter the international market before the international wheat prices will not have greater volatility, "fluctuations in wheat prices will maintain the existing range, as supply and demand tension, can export balances are .reduced. Australia's wheat harvest entered the market, international market prices of wheat may have some pressure, but it is difficult in the end of the first quarter of 2011, a substantial impact. " .</ P>.