SovEcon Less Optimistic on Russia Grain Harvest

August 17, 2011

The new Russia grain harvest would not exceed 90 million metric tons in the new Sov Econ estimate. Grain output is now projected at 87-90 MMT down from the previous peg 87-92 million tonnes.     Crop area is down some 4 million hectares in 2011.    Yields have been very disappointing recently, according to the respected analysis group.   Just over one-third of grains were gathered by August 5.

Grain production may end with 89 million metric tons, SovEcon calculates, comparing weather and crop conditions with 2009,  the last successful harvest... subscribers continue to full story...


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