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Black Earth Yield Down

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)

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