IKAR head Dmitry Rylko said that IKAR has raised its forecast for Russia's wheat production this year from the previously expected 87 million tons to 87.5 million tons due to improved supply prospects in the Urals and Western Siberia regions.
IKAR also raised its forecast for Russia's wheat exports in the 2025/26 season to 44.1 million tons, up from the previously expected 44 million tons.
IKAR also raised its forecast for Russia's barley production in the 2025/26 season to 19 million tons and raised its forecast for corn production to 15 million tons.