The US Department of Agriculture retained forecasts for the production and export of wheat in Russia
Wheat
Russia
Published Nov 11, 2022
Tridge summary
The US Department of Agriculture in the November report, as in October, retained the forecasts for the production and export of Russian wheat. The estimate of the harvest in 2022 remained at the level of 91 million tons (excluding Crimea). The agricultural department gave such a forecast in September, having increased the previous one by 3 million tons. The estimate of Russian wheat exports in the 2022/23 season is 42 million tons.
Original content
The export forecast has also been kept for Russia's closest competitor, the EU (35 million tons). In addition, the estimate of the feed grain harvest in Russia this year at 42 million tons remained unchanged. The estimate of its exports was reduced to 9.65 million tons from 10.15 million tons a month earlier. At the same time, the US Department of Agriculture kept the forecasts for the harvest of corn in Russia (15 million tons) and its exports (4 million tons) at the same level. The estimate of world wheat production excluding China in the 2022/23 season has been increased to 644.6 million tons (643.7 million tons in October and 642.5 million tons a year ago). Including the harvest forecast in Argentina was reduced to 15.5 million tons (17.5 million tons in October and 22.15 million tons a year ago). However, this was offset by an increase in the harvest forecast in Australia to 34.5 million tons of wheat (33 million tons in October and 36.35 million tons a year ago) and ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.