Inflation on the Way

[SteadyMercury]

I've never heard of that.

From this list from 2013: World Beef Exports Ranking Of Countries in 2013 before Russian sanctions:

Rank Country 2013 % Of World
1 Brazil 1,849,000 20.17%
2 India 1,765,000 19.26%
3 Australia 1,593,000 17.38%
4 United States 1,172,000 12.79%
5 New Zealand 529,000 5.77%
6 Uruguay 338,000 3.69%
7 Canada 333,000 3.63%
8 Paraguay 326,000 3.56%
9 EU 244,000 2.66%
10 Belarus 220,000 2.40%
11 Argentina 186,000 2.03%
12 Mexico 166,000 1.81%
13 Nicaragua 125,000 1.36%
14 Pakistan 50,000 0.55%
15 Colombia 46,000 0.50%
16 Jordan 35,000 0.38%
17 Saudi Arabia 35,000 0.38%
18 Ukraine 34,000 0.37%
19 China 30,000 0.33%
20 Costa Rica 18,000 0.20%
21 Honduras 13,000 0.14%
22 South Africa 13,000 0.14%
23 Russia 12,000 0.13%
24 Malaysia 6,000 0.07%
25 Chile 5,000 0.05%

Russia exported about 1% of what the United States did, and they weren't significant in any way on the global beef market at 0.13%. Why would you expect them to suddenly make a difference?


Wheat is here: Wheat Exports by Country - World s Top Exports

1. United States: $10,542,808,000 (21.7% of total wheat exports)
2. Canada: $6,538,890,000 (13.4%)
3. France: $6,171,779,000 (12.7%)
4. Australia: $5,875,566,000 (12.1%)
5. Russia: $3,482,667,000 (7.2%)

 

[william the wie]

Russia has the resources but it still has a nearly Soviet agricultural policy as does the Ukraine. For example Russia has 1,247,000 sq.km of arable land vs. 479,000 for Canada and 423,000 for Australia . More importantly is the higher quality land bottom lands that permitted pre-WWI Czarist Russia to blow us off the world grain markets and even some years under Lenin's New Economic Policy 1921-9.. So, I stand by my earlier statement Russia and even more so the Ukraine have better quality farmland and combined they have more than we do for both grains and pasture what they lack are competent land laws.

 

[KissMy]

Russia has imported US ranchers to teach them how to raise cattle

 

[SteadyMercury]

What I called into question wasn't about who's got quality farmland, it is about predicting a big uptick in production for beef because of Russia, when they were an insignificant supplier on beef on the global market as recently as 2013. What could happen where they suddenly wake up and start impacting the world beef market?

Russia is a huge importer of beef, they can't come close to meeting the demands internally much less impact beef prices with exports anytime soon.

 

[william the wie]

What I called into question wasn't about who's got quality farmland, it is about predicting a big uptick in production for beef because of Russia, when they were an insignificant supplier on beef on the global market as recently as 2013. What could happen where they suddenly wake up and start impacting the world beef market?

Russia is a huge importer of beef, they can't come close to meeting the demands internally much less impact beef prices with exports anytime soon.

True but that is due to farmland laws not the lack of breeding stock such as Yaks who can carry beef cattle fetuses or lack of high quality pasture land or feed.

 

[SteadyMercury]

Further adding to the intrigue is Russia's cattle has been trending down, -467,000 in 2013.

 

[Treeshepherd]

I like a ribeye, personally.