Spring Sowing Down Sharply

Spring grain sowing has dropped 40 percent from last year after adverse weather delayed plantings, according to SovEcon research center.

Areas under spring grains are the "lowest in several years" at 1.03 million hectares as of late last week, SovEcon managing director Andrei Sizov said Friday. Sowing in the Central Federal District fell 65 percent to 321,000 hectares, down from 920,100 hectares a year earlier, according to Sizov.

"Central Russia will not catch up," Sizov said. "The so-called sowing window is much narrower than in the south." The delay isn't a "tragedy" for the overall harvest, Sizov said. The drop in plantings in central Russia can be "balanced with wheat, corns and oilseeds sowings in various regions," he said.

(Bloomberg)

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