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Russia May Lose 4 Million Tons of Wheat as Rains Hamper Planting

Russia may lose 4 million metric tons of wheat from its potential harvest after rains restricted planting of winter crops, the Institute for Agricultural Market Studies said.

Winter-crop sowing in the Central Federal District will fall 25 percent short of the original target, and farmers in the Volgograd and Rostov regions in the south will also plant less grain than planned, Dmitry Rylko, director of the Moscow-based researcher, also known as IKAR, said in a phone interview yesterday. The area planted with winter crops by Russian farmers was 20 percent smaller than last year as of yesterday, Agriculture Ministry data show.