This is a slidecast on the effects of droughts and fires on Russion production and export of weath

1. Russian wheat exports Henri Himpe – 2AF2 Business English Accountancy & Tax Mr. J. Casteleyn

2. Weathproductionstatistics Monthly weath price Decreaseof Russian production Price raise Speculators Sources Thankyou! Overview

3. Countries with largest weath production: 1° United States 2° Canada 3° Russia Russia + otherformerSovietRepubliccountries: 25% of global weath exports (2009) Weath production statistics

4. Monthly wheat price(US dollars per metric ton)

5. Droughts and fires Estimated production of 70-75 million tons of weath Revisionedestimatedproduction of 60-65 million tons of weath Weath production 2009: 97 million tons Decrease of Russian production

6. Supplydroppedpriceincreased Biggest Russian export markets: AsiancountrieslikeLibya, Iran, Jordan, Turkey, … Temporary export ban of Russianwheat and wheat-basedproducts Brief increase in wheat-basedconsumergoodsexpected Pricesnow = pricesfirst half of 2008 Price raise

7. Bought as many wheat as theycould Wheat supplydropped wheat pricesincreased demand of PANIC wheat boomed pricesincreased even more Speculators

8. http://www.bbc.co.uk/news/world-europe-10836281 http://www.bbc.co.uk/news/business-10851170 http://www.bbc.co.uk/news/business-10879138 http://www.bbc.co.uk/news/business-10866508 http://www.bbc.co.uk/news/business-10915754 http://www.indexmundi.com/commodities/?commodity=wheat Sources

9. Thankyouforwatching!