07.12.2012 - Russian wheat facing coldest winter in two decades
Russia, last year’s third-biggest wheat exporter, is bracing for its coldest winter in 20 years, threatening a crop planted into parched soil at a time when drought is already diminishing yields from Australia to the U.S. The icy blasts predicted by the state weather forecaster through February are a greater threat this season because record heat in southern areas means some crops have yet to enter dormancy and don’t have a protective snow covering. Russia will already have the lowest stockpiles relative to demand in five years when it starts harvesting in July and a damaged crop would further curb supplies available for shipping...............................................Full Article: Source
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