FAS USDA: Russia To Increase Grain Export In The New Season

FAS USDA estimates growing grain yield in Russia in 2017 – 2018, which will increase the export.

With normal weather conditions, the grain yield in Russia will be 110 mln tons, which will be 7% less than the previous year, but over the average 5-year level – 98 mln tons .

Wheat yield will be 66 mln tons (-6.5 mln tons versus 2016 – 2017), barley yield will be 16 mln tons (-1.5), corn yield will be 15.3 mln tons (0), rye yield will be 2.6 mln tons, oats yield will be 4.5 mln tons, rice yield will be 715,000 tons and millet yield will be 550,000 tons.

Domestic grain consumption will be 75 mln tons (-1.1) including 38.7 mln tons of grain fodder (-0.9).

Over the season, grains export will be 37.7 mln tons (+2.0) including 28 mln tons (+1.5) of wheat, 3.3 mln tons (+0.3) of barley and 5.4 mln tons (+0.3) of corn.

Grains ending stocks will be 13.4 mln tons (-1.7).