The U.S. Department of Agriculture has lowered its forecast for wheat exports from Russia in this agricultural year to 44 million tons.

INTERFAX.RU - The U.S. Department of Agriculture in its November review reduced the forecast for wheat exports from Russia in the 2025/2026 agricultural year (starting July 1, 2025) by 1 million tons to 44 million tons from 45 million tons according to the September estimate (no such report was issued in October due to the shutdown). The forecast for wheat production in Russia has been increased by 1.5 million tons to 86.5 million tons from 85 million tons respectively. The estimate for wheat exports by the nearest competitor, the European Union, has been increased by 0.5 million tons to 33 million tons. The U.S. Department of Agriculture has also changed its forecasts for the production and export of feed grain in Russia. The new estimate is 36.98 million tons against 35.98 million tons, exports - 6.81 million tons against 6.48 million tons in September. The forecasts for the production and export of corn have not changed - 14.1 million tons and 3 million tons respectively. The ...