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What you think about Razgulay perspective?

Table 23—World Supply & Utilization of Major Crops, Livestock, & Products(Million units)

______________________1998/99 1999/00 2000/01 2001/02 2002/03 2003/04 2004/05 2005/06 2006/07 2007/08
Wheat(ïøåíèöû)
Area (hectares)........ 225.1 215.4 217.6 214.7 214.6 209.5 217.7 218.4 212.2 216.3
Production ( tons) ... 590.0 585.8 581.5 581.1 568.4 554.4 626.9 621.7 593.1 600.5
Consumption ( tons) 579.1 585.1 584.2 585.3 603.8 588.4 608.7 624.4 618.0 616.2
Ending stocks ( tons) 207.9 208.5 205.8 201.6 166.3 132.3 150.4 147.6 122.7 107.0
Rice
Area (hectares) .........152.6 155.3 151.7 150.6 145.9 148.2 150.5 152.6 152.9 153.9
Production ( tons)..... 394.6 408.9 398.8 399.3 377.8 391.7 401.0 418.1 418.1 418.6
Ending stocks ( tons) 134.4 143.5 147.3 133.4 103.5 82.1 74.9 77.4 77.2 70.9
Beef and Pork
Production (tons) 128.5 132.2 132.1 134.6 139.3 140.6 144.1 148.6 152.9 156.7
Consumption (tons) 127.8 131.7 131.0 133.4 138.1 139.3 142.0 146.1 149.9 153.4

Signifikant is meet production over the past years, becouse to get 1kg (kilogram) of meet you need 8 kg of wheat..
Then you can notice that global ending stock of wheat is decreasing and consumption is incresaing and that disproportion causes highest prices of wheat in history and there is no signs of going backward..
Razgulay export more then 2 milion tons of wheat ( that is represent a 17% of all Russian wheat export), and have share of 70% in all Russian Rice market (processing and production)...

As you know in Razgulay sales 50% is sugar share..
This year Brazil decreasing his sugar production of -15%( and this is huge becouse Brazil product 33% of all world sugar market)..
All of that leads us to conclusion that Razgulay are one of unvalued stocks in Russian market..