Russia Seeks ‘Foothold’ in Asian Wheat Market to Rival U.S.

Russia is planning to create a “Far East grain corridor” to compete with US and Australian grain production as part of its goal to become the world’s third largest wheat shipper. The Russian Grain Union is hosting a conference to “attract interest to the agro-industrial sector of Siberia and Far East, modernization of storage, processing and transshipment infrastructure.”

http://www.bloomberg.com/news/2012-02-22/russia-seeks-foothold-in-asian-wheat-market-to-challenge-u-s-australia.html

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