What will the crops be like after the heavy floods in the Russian lands?

Sustainability & Environmental Impact
Market & Price Trends
Published Apr 20, 2024

Tridge summary

Despite facing heavy floods in several regions, Russian agricultural operations are largely unaffected, with the country on track for its second largest grain harvest in 2024, following a record harvest in 2023. The Minister of Agriculture, Dmitry Patrusev, announced an increase in the cultivated area by 300,000 hectares. However, Northern Kazakhstan and Russia's Ural region are currently experiencing severe floods, causing over 125,000 evacuations. The full impact on agriculture will be evaluated after the floodwaters recede. Meanwhile, Russian wheat export prices have stabilized at around $210 per ton, amidst shipment delays and rising freight costs.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The work of Russian agricultural companies was not significantly disturbed by the heavy floods in several regions, said Moscow's Minister of Agriculture Dmitry Patrusev, easing fears about the possible destruction of crops. The spring sowing area is close to 5 million hectares, the farmers are progressing with their work at a somewhat better pace than last year, the minister added. After the record 147 million tons of grain in 2023, Russia expects the second largest harvest in 2024. This year's cultivated area will increase by 300,000 hectares to 84.5 million hectares, Dmitry Patrusev added in January. A total of 20 million hectares were planted with autumn crops. Northern Kazakhstan and Russia's Ural region are battling their worst floods on record as meltwater swelled tributaries of the world's seventh-longest river system, forcing more than 125,000 people from their homes. Moscow's Ministry of Agriculture said a state of emergency had been declared in Orenburg, Altai, Kurgan ...
Source: AgroForum
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