Russia’s Grain Crop Seen 24% Less at 74.4M Tons, Rosstat Says

Russia, the world’s third biggest wheat exporter last season, gathered 74.4 million metric tons of grains as of Nov. 19, down 24 percent from a year earlier, the Federal State Statistics Service said.

The harvest is before drying and cleaning, the service, known as Rosstat, said in an e-mailed statement today. Farmers harvested 95 percent a year earlier, it said.

The wheat crop was 39.7 million tons as of Nov. 19, down from 59.4 million tons a year earlier, it said. Wheat yields dropped to 1.86 tons a hectare (2.47 acres) from 2.37 tons a hectare a year earlier, Rosstat said.

Sunflower seed output was 7.6 million tons, or down 10 percent from a year earlier, out of about 90 percent of the sown area. The sugar-beet crop is 41.7 million tons, or 3.1 percent smaller than a year earlier, with 95 percent of the area harvested, Rosstat said.

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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