Russia Grain Exports Projected Lower From Spring Drought

May 17, 2012

SovEcon yesterday cited “unfavorable weather”  as  a reason for sharply reduced Russia grain exports, projected 28% lower than last year by the influential analysis group.   Heat, dryness and winterkill are laid to blame for a reduction in winter grains made up mostly of wheat. 

Russia spring weather has been hot and dry and unfavorable for developing wheat... subscribers continue to full story...