Monday 27 October 2014

Russia harvest update

According to Rosstat (the State Statistics Service) Russia has harvested 95.8mmt of grains.

This includes 41.6mmt of wheat with an average yield of 2.89mt/ha and 3.6mmt of corn with an average yield of 4.83mt/ha.

The thing is last week the Russian Min of Ag reported 60.9mmt of wheat with an average yield of 2.63mt/ha and 8.8mmt of corn with an average yield of 4.56mt/ha.

The difference in wheat could possibly be explained as winter and spring crop (unlikely) but corn?

I'm looking forward to the Min of Ags next report which might clear up the confusion.