Bloomberg News

Russian Farmers Reap Record Oilseeds Crops, Ministry Says

December 20, 2011

(Updates with 2010 oilseed crop in third paragraph.)

Dec. 20 (Bloomberg) -- Russian farmers reaped record crops of oilseeds this year, the Agriculture Ministry said.

They gathered all-time high harvests of 1.5 million metric tons of soybeans, 1.1 million tons of rapeseeds and 8 million tons of sunflower seeds after drying and cleaning, the ministry said today in a statement on its website, without providing a total for all oilseeds.

Last year’s oilseed crop reached almost 7.5 million tons, according to the Federal State Statistics Service. Farmers reaped 1.2 million tons of soybeans in 2010, about 670,080 tons of rapeseeds and 5.3 million tons of sunflower seeds, according to the service.

The country’s harvest of grains and pulses was 92 million tons, or 51 percent more than last year, the ministry said, sufficient to meet domestic needs and export 25 million tons in 2011-12. Russia’s worst drought in a half century parched fields in 2010, prompting the government to impose a temporary ban on exports.

The sugar beet harvest reached a record 45 million tons, the ministry said. The corn crop reached 6 million tons.

Winter grain sowing exceeded 16 million hectares (39.5 million acres), according to the ministry. Farmers have 6 million tons of seeds, enough for the spring sowing campaign, the ministry said.

--Editors: John Deane, Sharon Lindores, Paul Abelsky.

To contact the reporter on this story: Marina Sysoyeva in Moscow msysoyeva@bloomberg.net

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


We Almost Lost the Nasdaq
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus