Serious drought in Russia's main winter wheat area threatens wheat supplies for a second straight year, but a wet forecast brings hope for improvement.
Russia 2012 Grain Harvest Reduced by Drought
Russia’s 2012 grain harvest finished at 70.7 million metric tons, based on official data from ROSSTAT the statistical agency. This represents a 25% cut below the 94.2 million metric tons of grains harvested in 2011. The final production is slightly below an earlier estimate for 71 million metric tons.
Wheat comprises the lion's share of grain production, around two thirds of the total output, typically. The 2012 wheat harvest is expected to be exceptionally small, due to severe drought in both winter- and spring wheat growing areas... subscribers continue to full story...