Russia’s Black Earth Farmers Switch to Corn, Oilseeds for Profit
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Farmers in Russia, the third-biggest wheat exporter last season, will plant more corn and oilseeds in the Black Earth area for 2013-14 in search of higher profits.
Farmers began to focus more on feed-type grains in the central Black Earth regions because wheat yields there are lower and transportation to export ports more expensive than in southern regions, according to Oleg Sukhanov, an analyst at the Moscow-based Institute for Agricultural Market Studies, or Ikar.