AGL 40.01 Increased By ▲ 0.01 (0.03%)
AIRLINK 127.11 Increased By ▲ 0.07 (0.06%)
BOP 6.60 Decreased By ▼ -0.07 (-1.05%)
CNERGY 4.48 Decreased By ▼ -0.03 (-0.67%)
DCL 8.60 Increased By ▲ 0.05 (0.58%)
DFML 41.70 Increased By ▲ 0.26 (0.63%)
DGKC 87.40 Increased By ▲ 0.55 (0.63%)
FCCL 32.50 Increased By ▲ 0.22 (0.68%)
FFBL 64.99 Increased By ▲ 0.19 (0.29%)
FFL 10.22 Decreased By ▼ -0.03 (-0.29%)
HUBC 109.50 Decreased By ▼ -0.07 (-0.06%)
HUMNL 14.69 Increased By ▲ 0.01 (0.07%)
KEL 5.06 Increased By ▲ 0.01 (0.2%)
KOSM 7.61 Increased By ▲ 0.15 (2.01%)
MLCF 41.58 Increased By ▲ 0.20 (0.48%)
NBP 59.62 Decreased By ▼ -0.79 (-1.31%)
OGDC 192.11 Increased By ▲ 2.01 (1.06%)
PAEL 28.20 Increased By ▲ 0.37 (1.33%)
PIBTL 7.75 Decreased By ▼ -0.08 (-1.02%)
PPL 151.00 Increased By ▲ 0.94 (0.63%)
PRL 26.10 Decreased By ▼ -0.78 (-2.9%)
PTC 16.10 Increased By ▲ 0.03 (0.19%)
SEARL 83.30 Decreased By ▼ -2.70 (-3.14%)
TELE 7.77 Increased By ▲ 0.06 (0.78%)
TOMCL 35.39 Decreased By ▼ -0.02 (-0.06%)
TPLP 8.10 Decreased By ▼ -0.02 (-0.25%)
TREET 16.10 Decreased By ▼ -0.31 (-1.89%)
TRG 53.19 Decreased By ▼ -0.10 (-0.19%)
UNITY 26.37 Increased By ▲ 0.21 (0.8%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 9,967 Increased By 83.6 (0.85%)
BR30 31,001 Increased By 400.7 (1.31%)
KSE100 94,144 Increased By 788.6 (0.84%)
KSE30 29,170 Increased By 238.9 (0.83%)

Russia's 2018 crop of winter wheat and rye is expected to fall around 10 percent from last year due to dry weather, state weather forecaster Hydrometcentre told Reuters on Thursday. Russia, one of the world's largest grain exporters, harvested 64.3 million tonnes of winter wheat and rye in 2017, Anna Strashnaya, senior researcher at Hydrometcentre, said. The country produced a record crop of 135.4 million tonnes of spring and winter grains of all types in 2017. It will have large stocks left of that record crop once the new 2018/19 marketing year starts on July 1.
These carry-over stocks will help Moscow to keep exports high even if its 2018 grain crop is lower than in 2017, the agriculture ministry has said. Russia's grain stocks at farms and procurement and processing companies, excluding small farms, were up 16 percent from a year earlier at 33 million tonnes as of April 1, according to state statistics service Rosstat.
Dry weather damaged winter grains in part of Russia's southern regions such as Rostov, Volgograd and Krasnodar, Strashnaya said, adding that rapid change of temperature also affected sowings in some areas of the country. Dry weather also persists in Crimea but rains are expected in the next few days, she added. Crimea is the peninsula annexed by Moscow from Kiev in 2014.
Russian farmers sowed winter grains for the 2018 crop on 17.1 million hectares, down from 17.3 million hectares a year earlier. They are now busy with spring grains sowing with 75 percent of the planned area, or 23 million hectares, already completed compared with 28 million hectares around the same date a year ago, according to the agriculture ministry.
Hydrometcentre will have detailed data about the condition of spring grains in about a month. However, it is already clear that the cold weather has delayed sowing of spring grains in Western Siberia, Strashnaya said.

Copyright Reuters, 2018

Comments

Comments are closed.