Grain harvest may be less than expected
Russia’s two largest market research institutes significantly impaired this year's Russian wheat and cereal harvest forecasts on Monday.
The SovEcon impaired its forecast of grain harvest from 70 – 74 million tons to 71 – 72.5 million tons. According to the institute, wheat harvest will be around 39 – 41 million tons instead of the expected 40.5 – 42.5 million tons.
The IKAR Russian agricultural market analyst firm modified its expectations of grain from 75.4 million tons to 73 million tons No estimates were disclosed in connection with the wheat harvest. Russia is the world's third largest grain producer and one of the largest grain exporters. (MTI)
Related news
Related news
Producer prices in the euro area and the European Union decreased month-on-month and increased year-on-year in April
Producer prices in the eurozone and the European Union (EU)…
Read more >The Association of Conscious Shoppers sued Shein: they are manipulating customers with dark tricks
The Conscious Shoppers Association (TVE) has filed an official complaint…
Read more >Cautious optimism in tourism: the economy improved in May, but the sector is still in the red
In May 2025, Hungarian tourism businesses reported a slight improvement…
Read more >