Support The Moscow Times!

Rice Exports Fill Egypt's Niche

BELOKURIKHA — Russia became an exporter of rice in the early months of 2011, shipping 100,000 tons to markets once served by Egyptian exports, agricultural analyst Dmitry Rylko said Friday.

"Russia is becoming a major rice exporter, even though we have a huge shortfall in the overall harvest," Rylko, director of the Institute for Agricultural Market Studies, told a conference in the Altai region.

In raw rice terms, Rylko said, Russia was a net exporter. Its main destination is Turkey, he said.

The country's ban on grain exports, imposed last year when a catastrophic drought slashed its harvest by a third, will remain in force at least until July 1, but some types of agricultural exports are excluded from the embargo.

Data from the SovEcon think tank showed that rice was the only grain produced last year in greater quantity than the year before.

A variety of short grain rice are grown in the south, near the Black Sea coast.

The harvest last year declined by over a third from 2009, SovEcon said. But rice production increased by more than 16 percent.

"Egypt has contracted as a short-grain rice exporter, and the Krasnodar region has taken over," Rylko said.

Egypt has imposed a nominal ban on rice exports to control basic commodities prices, which is in force until October 2011, although traders are allowed to export 100,000 tons per month under license.

Sign up for our free weekly newsletter

Our weekly newsletter contains a hand-picked selection of news, features, analysis and more from The Moscow Times. You will receive it in your mailbox every Friday. Never miss the latest news from Russia. Preview
Subscribers agree to the Privacy Policy

A Message from The Moscow Times:

Dear readers,

We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."

These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.

We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.

By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more