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Turkmenistan - Ashgabat controls grain prices
ITAR-TASS, February 3, 2004
The government controls bread prices in Turkmenistan. A loaf of bread has cost 1,000 manats in a state-owned shop since 1998. The official exchange rate has been 5,200 manats to the dollar since the same year.

The government has been selling flour and salt to the poor at set prices since 1992. People with larger incomes buy bread at private bakeries, whose prices vary from 2,500 to 10,000 manats.

In the early 1990s Turkmenistan bought much grain from Iran, because the domestic grain production did not exceed 100,000 tonnes. Cotton made the core of the domestic agriculture. The first million tonnes of grain were collected in Turkmenistan in 1998, and the grain harvest made 2.5 million tonnes in 2003. "Turkmenistan has achieved food independence," President Saparmurat Niyazov said. The president offered Ukraine to buy Turkmen grain in summer 2003. "The domestic grain demand of Turkmenistan is 700,000 tonnes," he said.
MGR Archive 4.2.2004
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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