Wheat is losing ground

Monitoring the Agricultural Complex Russian agricultural producers for the third consecutive year are reducing the sown areas of wheat and are choosing more marginal crops, according to calculations by the consulting company Strategy Partners conducted for "Kommersant". In 2025, 26.9 million hectares were sown with wheat, the main export crop, in the Russian Federation, which is 3 million hectares less than in the peak year of 2023. Among the reasons are difficulties in selling this agricultural product abroad. The world reserves of wheat, according to the Food and Agriculture Organization of the United Nations (FAO), are expected to increase by another 6.9% by the end of the 2026 season. Accordingly, due to oversupply, world prices for it are falling. A steadily strong ruble (which reduces the ruble revenue of exporters with growing costs for purchasing grain), the rising cost of logistics through seaports, and the quota system (see "Kommersant" of January 15) are unlikely to ...