NEWS
Lack of Rain Threatens Russian Wheat
Wed Oct 29, 2014 09:27 AM CDT

(Dow Jones) -- Dry weather has damaged the early growth of winter wheat in Russia's key growing areas, threatening to push up food prices not only domestically but also in key export markets such as Egypt, Iran and Morocco.

The damage to the country's wheat crop comes amid a ban on food imports from Western countries in response to sanctions imposed by the U.S. and the European Union following Moscow's actions in Ukraine.

The dry conditions started in September, when the winter wheat was planted, and caused the quality of the crop to deteriorate. Agricultural forecaster SovEcon, based in Moscow, ...

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