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Russia’s Grain Harvest Will Come to 85 Million Tons at Most

Russia lowered the top end of its grain-harvest forecast to 85 million metric tons, Agriculture Minister Yelena Skrynnik said.

“If the weather is favorable, we will reap about 85 million tons of grains,” she said today at a government meeting. The harvest will be sufficient to cover national consumption and leave an exportable surplus, according to the minister.

The ministry previously forecast a crop of between 85 million and 90 million tons.

Spring sowing of grains reached 30 million hectares (74 million acres), a 2 million-hectare increase from last year, Skrynnik said. Sowing of all spring crops has covered 95 percent of the planned 50 million hectares, she said.

To contact the reporter on this story: Ilya Arkhipov in Moscow at iarkhipov@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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