US raises Russia’s 2021 wheat harvest forecast to 86 mln tns

MOSCOW, Jun 11 (PRIME) -- The U.S. Department of Agriculture has raised its forecast for Russia’s wheat harvest in the 2021–2022 agricultural year, or in the 2021 calendar year, to 86 million tonnes from 85 million tonnes, as seen by PRIME in the authority’s report released late on Thursday.

At the same time, the authority reduced Russia’s wheat export forecast for the 2020–2021 agricultural year, lasting from July 1, 2020 through June 30, 2021, to 38.5 million tonnes from 39.5 million tonnes. The forecast for the following agricultural year was maintained at 40 million tonnes.

The Agriculture Ministry expects Russia’s grain exports at 48 million tonnes in the 2020–2021 agricultural year, including 37 million tonnes of wheat, and the grain crop at no less than 127.4 million tonnes this year, including 81 million tonnes of wheat. Russian analysts and experts doubted the U.S. Department of Agriculture’s wheat harvest forecast in May because the authority did not take into account possible failure of winter crops.

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