Bloomberg News

Russia May Have 90 Million-Ton Grain Harvest, SovEcon Says

January 23, 2012

(Updates with Sizov comments in second paragraph.)

Jan. 23 (Bloomberg) -- Russia’s grain harvest may reach 90 million metric tons in 2012, SovEcon said.

“Such a crop is not bad,” Andrei Sizov Jr., managing director of the Moscow-based agriculture researcher, said today by phone in the Russian capital today. “The figure is an early estimate, not the forecast, given the weather develops normally.”

The estimate is based on the assumption that about 14.6 million hectares (36.1 million acres) of fields will produce good winter crops this year, Sizov said. Russian farmers planted 15.1 million hectares with winter grains in 2011.

Winter crop loss was estimated at about 6 percent at the end of 2011, Sizov said. SovEcon will give this year’s crop forecast in early March, after the government releases data on actual winter crop losses, he said.

In 2011, Russia harvested 93.9 million tons of grains after drying and cleaning and can export about 25 million tons, according to Agriculture Ministry data. Grain exports are nearing 20 million tons, SovEcon said today on its website.

--Editors: John Deane, Sharon Lindores

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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