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Russia squeezing US out as agricultural superpower, page-3

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plough

33,242 Posts.

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14/11/17

13:55

Post #: 28775789
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Originally posted by Langers ↑

Long-term I believe this good for the industry.

Russian wheat is GMO free and like Australia it is highly contemplative without large scale subsidisation that exists in US and EU wheat production, which is largely a transfer of wealth from the taxpayer to the farmer.

Better Australia and Russia dominate the wheat trade as rivals and the US taxpayer and consumer can get a break without getting the GMO gut and paying through the nose for it.

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Could be some cheap wheat land going on the marginal wheat belt lands between Merredin and Perth , maybe the USA is moving more into Canola, Barley and Soy ?
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