Wheat from Russia, despite the increase in grain supply from competitor countries in the Southern Hemisphere, may gain an advantage in the global market due to its higher quality, according to experts at the federal center "Agroexport". As reported by the center, in recent months, Argentina and Australia have reported improved prospects for the wheat harvest in the 2025/26 season. Thus, in the December report, the Australian Bureau of Agricultural and Resource Economics ABARES raised its forecast for wheat production to 35.6 million tons, which is 1.5 million tons more than was harvested the previous season. The National Exchange of Argentina BAGE increased its forecast for wheat harvest to a record 25.5 million tons due to higher than expected yields in some regions. This is 6.9 million tons more than in the previous season. This situation is putting pressure on wheat prices in the global market. At the same time, despite the record harvest, market participants note that a lot of ...
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