Monday, May 27, 2024
Russian wheat prices rose last week as concerns about damage to crops from dry weather in the U.S. Plains boosted prices for certain types of western wheat, analysts said on Monday. Seasonally lower supply from Black Sea competitor Ukraine, coupled with strong demand from Moscow's traditional buyers, also supported prices...
Analysts are forecasting Russia’s grain production in 2017-18 at 134.9 million tonnes, the country’s largest crop in nearly 40 years, according to a recent Global Agricultural Information Network (GAIN) report from the U.S. Department of Agriculture. This total includes 85 million tons of wheat, 20.2 million tons of barley, and 13.7...
As estimates for the record Russian wheat harvest keep growing, so does the outlook for exports - the world’s top exporter is now expected to sell 36.6 million metric tons overseas, according to consultants SovEcon and the Institute for Agricultural Market Studies, or IKAR. The U.S. was the last...
Russia is expected to produce 120-130 million tons of grain in 2018, of which 45-50 million tons will be available for exports in the 2018/19 season due to begin in July, the IKAR agriculture consultancy said on Friday. The preliminary estimate is that Russia’s wheat crop may come at 73-82...