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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 raises 2025 wheat crop, exports forecasts

Reuters


MOSCOW, Aug 8 (Reuters) - Russia's IKAR consultancy said on Friday it had raised its 2025 wheat crop forecast to 84.5 million metric tons from 84.0 million previously, and its wheat export forecast by 0.5 million tons to 41.5 million in the new marketing season.

"We increased mainly due to very decent yields in the central and the Volga region, which fully correspond to our estimates made on the ground," IKAR's head Dmitry Rylko told Reuters.

Some key grain producing Russian regions in the south were hit by drought this year, but a fall in their output was offset by better yields elsewhere.

"In addition, we are seeing higher yields of spring wheat than expected. We see average-to-good prospects for the harvest in Western Siberia and good ones in the Urals," Rylko added.

Russia's official wheat crop forecast stands at 89-90 million tons. This estimate includes wheat from Russian-controlled areas of Ukraine. IKAR does not include crops from these areas in its estimates.

Russia harvested about 64 million tons of grain, or about one half of this year's official grain harvest estimate, as of August 7, Deputy Agriculture Minister Andrei Razin was quoted by Russian agencies as saying on Thursday.

08.08.25



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