Russia’s grain union sharply reduces 2024 harvest forecast ...News

Economy by : (Russia Today) -
Analysts cite an unseasonal sub-zero snap that hit key agricultural areas as the reason for the update Russia’s grain harvest is not expected to exceed 130 million metric tons in 2024 due to the freezing temperatures recorded in the country earlier this month, the head of the Russian Grain Union (RGU), Arkady Zlochevsky, has said. The official has highlighted that the areas impacted by the unseasonal cold snap are “sufficiently large,” specifying that farmers would resow 900,000 hectares (over 2.2 million acres) out of 1.5 million damaged hectares. “Gross output is projected to amount to 129 million tons, quite a

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