Russia’s Grain Yields Said by SovEcon to Be Below That of 2010

Grain yields in Russia, the world’s third biggest wheat exporter last season, are lower than they were in 2010 during the worst drought in half a century, according to SovEcon.

The yield was 1.83 metric tons a hectare (2.47 acres) on Sept. 18, lower than in 2010, Moscow-based researcher said on its website today. It was 2.34 tons a hectare last year in September and 1.92 tons a hectare in September 2010, Federal State Statistics Service data show. SovEcon didn’t provide comparable figures.

Russia’s grain production is set to decline 23 percent this year because of dry weather, according to Agriculture Minister Nikolai Fedorov. Siberia and Ural areas, which made up 23 percent of last year’s production, will have record low crops this year, SovEcon said.

Twenty of Russia’s 83 regions have crop damage this year and have declared emergencies because of the drought, according to the Agriculture Ministry. Some 8,763 farms have been affected by dry weather. Russia has harvested 63 million tons of grain from 76 percent of the planted area, Fedorov said yesterday. That’s down from 77 million tons this time last year, he said.

Russia’s wheat exports may drop to 8 million tons this season from 21.6 million tons a year earlier, according to the U.S. Department of Agriculture. That would make it the fifth largest wheat shipper after the U.S., Australia, Canada and the European Union, according to USDA data.

To contact the reporter on this story: Marina Sysoyeva in Moscow at msysoyeva@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

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