12 November 1998
Drought and hot weather damage Russian harvest
DROUGHT and hot weather have taken their toll on Russian production of cereal crops.
The total crop is expected to come in some 43% short of last years 86.7 million tonnes, according to a report by the Food and Agriculture Organisation (FAO) of the United Nations.
The FAO reckons Russia will need to import at least 4m tonnes of cereals to meet consumption in the 1998-99 marketing year (July-June).
- Financial Times 12/11/98 page 46 (News Digest)