| From ohiofarmer.com: With world wheat stocks at all-time lows, a good harvest this year is vitally important. According to numbers released Tuesday, the Asian part of the equation is holding up their end.
Russia has harvested 41.8 million tons of wheat from 25% of acres that were planted. That is 8.5 million tons more than the same time last year and yields are just under a ton more per hectare than last season's harvest. The agriculture ministry expects a final harvest around 85 million tons, an increase of three million from 2007.
The Ukraine is also seeing an improved harvest over last year. They have harvested 74% of wheat acres which have produced 31.86 million tons. Although the harvest pace is behind last year, yields are more than 1.35 tons per hectare greater than last year's harvest. The agriculture ministry is predicting a grain harvest more than 10 million tons greater than last year...... Full Article: Source |