Aug. 12 (Bloomberg) -- Showers hampered grain harvesting in the first 10 days this month in Russia’s Volga, Central and Siberian Federal districts, which accounted for 60 percent of the national crop last year, the state weather center said.
Farmers couldn’t enter fields in parts of Volga and Central districts and crop development slowed in western Siberia, the weather center said on its website.
Russia is expected to harvest 54 million metric tons of wheat in the 2013-14 season that started July 1, the most in two years, according to the U.S. Department of Agriculture. The global benchmark for wheat prices in Chicago has dropped 26 percent in the past year. Prices in Russia climbed 2.7 percent last week, according to according to SovEcon data.
Russia harvested about 32 million tons of wheat from 42 percent of the planted fields by Aug. 9, compared with about 26 million tons a year earlier, according to Agriculture Ministry data.
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