Russia: Damage to farmers in Rostov region from frost and drought amounted to 5 billion rubles

Published Aug 16, 2024

Tridge summary

In 2024, the Rostov Region in Russia faced significant agricultural challenges due to spring frosts and summer droughts, leading to the destruction of approximately 1 million hectares of crops, affecting around 1,300 farms and costing an estimated 5 billion rubles in damages. This has prompted a request for a federal emergency situation declaration and funding from the federal budget to cover the losses. Despite the region's appeal, no compensation has been allocated in the federal budget, and the situation is further complicated by a lack of insurance coverage for most crops in the affected area. The region is now seeking solutions to support farmers and is evaluating the potential impact on export figures, although early grain and leguminous crop yields are expected to decrease by 37% from the previous year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

About 1 million hectares of crops were damaged in the Rostov Region as a result of spring frosts and summer drought in 2024, the total damage to the region's farmers is estimated at 5 billion rubles, TASS reports with reference to the Deputy Governor of the Rostov Region - Minister of Agriculture and Food Konstantin Rachalovsky. "As a result of the emergency situation with return frosts in May and soil drought, about 1 million hectares of crops were damaged and perished. In total, about 1.3 thousand farms and peasant farms in the region suffered losses," Rachalovsky said. According to the head of the Rostov Ministry of Agriculture, the total damage is estimated at almost 5 billion rubles. A petition was submitted to the Minister of Agriculture of the Russian Federation Oksana Lut to introduce a federal emergency situation in the region and allocate funds from the federal budget to compensate for the damage. Following a meeting of the government commission for the prevention and ...
Source: Zol

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