Consequences of frosts in the agro-industrial complex of the Russian Federation: you can replant, but losses cannot be avoided. Review

Published May 22, 2024

Tridge summary

This spring, unexpected frosts in May have caused severe damage to crops across multiple Russian regions, leading to a predicted 12-13% reduction in this year's harvest. A state of emergency has been declared in ten regions, with nearly 900 thousand hectares affected. Key crops such as wheat, sugar beets, sunflower, and corn have been significantly impacted, with regions like Voronezh, Volga, Bashkiria, Tatarstan, Samara, Saratov, Lipetsk, and Belgorod reporting varying degrees of loss. Specific regions like Kaluga, Kursk, and Oryol have also reported substantial damage, necessitating reseeding efforts. The full extent of the damage will be clearer by early June.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Weather has always been one of the decisive factors for the future harvest in the Russian agro-industrial complex. But this spring still presented farmers with an unexpected and very unpleasant surprise. After a summer-like warm April, winter has essentially returned to a number of regions. May frosts, according to experts, will seriously affect the future harvest. Analysts are actively reducing his forecasts. A state of emergency has been introduced in ten regions due to frost. The full extent of the damage will be assessed later, but, as a survey of agribusiness specialists and experts conducted by Interfax shows, considerable losses will be difficult to avoid. They can amount to 12-13% of last year's harvest - even with the condition of reseeding dead crops. The Ministry of Agriculture of the Russian Federation estimates their area at almost 900 thousand hectares. Unkind May Estimates of losses in the central and Volga regions, which suffered more than others from recurrent ...
Source: Oilworld
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