Grain yields from Black Earth Farming's fields in the Lipetsk and Tambov regions are expected to be 30 percent lower than an earlier forecast, the company's Agroinvest unit said Friday.
A thick layer of snow, combined with a lack of frost, resulted in diseases in winter crops in Tambov. A lack of rainfall in May and June affected spring crops in Lipetsk and Tambov, the company said in a statement, without providing figures for the expected yield.
(Bloomberg)