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Where the margin is 2026

Where the margin is 2026
July 23-24, Moscow

IKAR in Mass and Industry Media


Russia's IKAR consultancy cuts 2025 wheat crop, export forecast due to drought in southern Russia

Reuters


MOSCOW, July 15 (Reuters) - Russia's IKAR consultancy cut its 2025 wheat production forecast to 84.0 million metric tons from 84.5 million tons previously, and its wheat export forecast to 42 million tons in the new marketing season from 42.5 million previously.

"The revision is mostly associated with lower yields in the south of Russia," IKAR said in a note. Several southern wheat-producing regions are suffering from drought.

Overall grain production is seen at 130.3 million tons, down from 131.8 million tons previously. Russia's official grain crop forecast for 2025 is 135 million tons, including crops from Russian-controlled regions of Ukraine.

Rostov, Russia's top wheat producing region in 2024, may see the lowest wheat harvest since 2015 due to severe drought, with the local governor predicting that this year's crop will be 20% lower than last year's 10.1 million tons.

15.07.25



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