Russian Wheat Crop 58-61 MMT
This season's Russian wheat crop is seen by SovEcon coming in at around 58-61 MMT in clean weight, according to media reports.
That's down on last season's bumper crop of 63.7 MMT, but higher than earlier trade estimates of around 55-56 MMT.
Russia's western Volga region, where the bulk of the country's winter wheat is grown, has suffered from the dry conditions which have also affected many parts of Eastern Europe.
However, spring wheat plantings in Siberia have increased to an estimated 14.9m-15.2m hectares, up from 14.0m hectares last year, on the back of largely favourable weather.
Russia's harsh winters mean that spring wheat is much more widely grown than here in the West, typically accounting for around 40-45% of total national output.
That's down on last season's bumper crop of 63.7 MMT, but higher than earlier trade estimates of around 55-56 MMT.
Russia's western Volga region, where the bulk of the country's winter wheat is grown, has suffered from the dry conditions which have also affected many parts of Eastern Europe.
However, spring wheat plantings in Siberia have increased to an estimated 14.9m-15.2m hectares, up from 14.0m hectares last year, on the back of largely favourable weather.
Russia's harsh winters mean that spring wheat is much more widely grown than here in the West, typically accounting for around 40-45% of total national output.