Russian farmers delay winter grains sowing due to dry weather – RTRS
- Russia’s winter grain sowing is 89 pct done
- Rain expected in southern regions from Oct. 23
- Parts of Central, Volga regions missed their deadline
- Coming winter is expected to be colder than a year ago
By Polina Devitt
MOSCOW, Oct 20 (Reuters) – Russian farmers have delayed winter grain sowing due to dry weather in several regions, analysts and traders said on Tuesday, signalling higher risks for next year’s crop in one of the world’s key wheat exporters.
A lack of rain has been reported since September by some of Russia’s southern regions, the main areas for wheat exports to North Africa and the Middle East. (Full Story)
“Farmers in southern regions are waiting for rains,” Dmitry Rylko, head of agriculture consultancy IKAR said, commenting on data from the agriculture ministry, which showed the lengthening delay in sowing.
As of Oct. 20, Russia had sown winter grains on 15.3 million hectares, down 0.8 million hectares from a year ago, or 89 percent of the total planned area, according to agriculture ministry data. Ten days ago the sowing was running ahead of the last year’s pace.
According to Rylko, part of the delay is technical: “Some farmers are sowing now, but we do not see it because the statistical data is delayed”.
However, farmers in parts of the Central and Volga regions, who had missed their deadline for the end of sowing, decided not to sow, he added.
The delay is noticeable and it raises risks that this year’s target for the sowing area will not be met, said Igor Pavensky, deputy head of strategic marketing at rail infrastructure operator Rusagrotrans.
The ministry has played the risk down. “The regions are still sowing, statistics change every week,” it told Reuters.
Rains are needed in parts of the Krasnodar, Rostov and Volgograd regions and the map from the state weather forecaster shows that rains are expected there starting from Oct. 23.
The situation is challenging also because many winter grains have been sown into dry soil, analysts said.
If the condition of winter grains is weak it usually makes the plants more dependent on winter weather patterns. Last autumn winter grains in Russia were hit by dry weather, however, the winter was warm, and favourable spring weather improved their condition.
“The real situation will become clear after winter,” said a trader, who did not want to be identified. “We should pay attention to it, but there is no need to panic.”
The coming winter is expected to be colder than a year ago with sharp temperature changes, RIA news agency reported on Tuesday, citing Alexander Frolov, the head of state weather forecaster Hydrometcentre.
Keywords: RUSSIA GRAINS/WINTER
©Thomson Reuters 2015. All rights reserved. The Thomson Reuters content received through this service is the intellectual property of Thomson Reuters or its third party suppliers. Republication or redistribution of content provided by Thomson Reuters is expressly prohibited without the prior written consent of Thomson Reuters, except where permitted by the terms of the relevant Thomson Reuters service agreement. Neither Thomson Reuters nor its third party suppliers shall be liable for any errors, omissions or delays in content, or for any actions taken in reliance thereon. Thomson Reuters and its logo are registered trademarks or trademarks of the Thomson Reuters group of companies around the world.
***************************************** This email was sent to you from Thomson Reuters Eikon. Please visit http://thomsonreuterseikon.com/ for more information *****************************************
© Rosenthal Collins Group 2015
If you are not the intended recipient of this message, you may not disclose, print, copy or disseminate this information. If you have received this in error, please reply and notify the sender (only) and delete the message. Unauthorized interception of this e-mail is a violation of federal criminal law. Unless otherwise indicated, this is not intended to be an offer to sell or a solicitation to buy any futures or options on futures contract. RCG or its affiliates may have positions in: futures, options, securities or other financial instruments which may be referred to herein. Trading in futures and options on futures entails significant risks which may not be appropriate for all investors. Past performance is not necessarily indicative of future results.