IKAR in Mass and Industry Media

IKAR raises forecast for Russia's 2021 wheat crop

Reuters

MOSCOW, March 25 (Reuters) - Russian agriculture consultancy IKAR said on Thursday that it had raised its forecast for Russia's 2021 wheat crop to 79.8 million tonnes from a previously expected 78 million tonnes.

The forecast was raised due to favourable weather in Russia's southern grain producing regions, IKAR added.

IKAR also said that it raised its estimate for Russia's wheat exports by 1 million tonnes to 39.5 million tonnes in the 2021/22 marketing season, which will start on July 1.

The weather has recently improved for the Black Sea crops with rains in part of Russia's southern regions and above-normal temperatures melting the remaining ice in fields, Sovecon, another consultancy, said this week.

25.03.21

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