The American media called threat to the record harvest of wheat in Russia

The large grain harvest in Russia was the main reason for the fall in wheat prices in the United States, says the publication the wall street journal (wsj). "As a result, the us closed the trade mission of the "Wheat association" in Egypt", – quotes the newspaper article news. According to the author of the publication, the american "Farmers lost to old rival". He noted also that the expected yield of 130 million tonnes of wheat "Has strengthened the revival of the country (russia) as an agricultural superpower. " the publication reports that "The price of wheat in the chicago chamber of commerce have fallen by 25% since the beginning of the harvest in Russia in july to $4,19 per bushel (35,2 l)". According to the wsj, around america as a world wheat exporter "Russia helped large investments and the weakening ruble. " analysts expect the wheat harvest in the U.S. Will fall by a quarter because of the drought.

The american wheat will amount to only 15% of the world exports, whereas in the 1970s this figure was at 50 percent. The U.S. Department of agriculture suggest that crop of Russia this season will be twice more than in their country. This year, Russia began to export wheat to venezuela. The first batch of grain (30 tons) arrived in the republic on 1 september. .