Eastern Europe Wheat Prospects Seen Improved by Martell

Wheat conditions in Eastern Europe improved after heavy rain in October ended drought, agricultural-weather forecaster Martell Crop Projections said.

Wheat development will continue if warm temperatures persist, allowing the crop to make up for lost time, Whitefish Bay, Wisconsin-based Martell wrote in an e-mailed report today.

Satellite vegetation data at the end of September was “stunningly bad,” with Romania, Bulgaria, Hungary, Poland and Serbia worse than a year ago, according to Martell. Heavy rainfall last month improved prospects, the forecaster said.

“More rain is still needed to replenish parched fields, but at least there is hope for improvement,” Martell wrote. “Drought-ending rains last season did not develop until January when cold weather stifled growth. Wheat this season has a better chance to develop before very cold conditions set in.”

To contact the reporter on this story: Rudy Ruitenberg in Paris at rruitenberg@bloomberg.net

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

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