Thursday, February 14, 2013

Some Russia farmers switching to corn, oilseeds


    Farmers in Russia's Black Earth region are planning to plant more corn and oilseeds in the 2013–2014 season in the hopes of higher profits, according to reports.
    Corn typically gives bigger yields in the area’s soils than in the south, and has a ready market in the livestock farms in the vicinity, said Oleg Sukhanov, an analyst at the Moscow-based Institute for Agricultural Market Studies. Corn yields in the Belgorod region were 6.2 metric tons per hectare this season, compared with about 5 metric tons per hectare in the southern Stavropol region, according to the regions’ agricultural ministries.
    Russia’s corn crop was 8 million metric tons in 2012, beating the previous record of 7 million metric tons in 2011, according to state statistics data. Russia may be the seventh-largest corn exporter in the 2012–2013 season, after the U.S., Argentina, Brazil, Ukraine, India and South Africa, shipping 2.3 million metric tons, 13 percent more than in the 2011–2012 season, according to U.S. Department of Agriculture estimates.

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