Grain Market Analyst
UkrAgroConsult raised its forecast for Russia’s 2019 wheat crop. Russian production is forecast to increase due to an expected rise in both winter and spring wheat yields, reports UkrAgroConsult.
Winter wheat condition in key growing regions is better than last year and above the long-term average. Some regions in the Volga federal district and locally in the Central one are short of soil moisture. However, precipitation on May 1-10 and rainfall predicted to occur almost all over these regions later this month could significantly improve winter wheat condition and promote growth of spring wheat crops.
According to UkrAgroConsult’s estimates, this year’s grain crop in Russia may be the second largest after 2017. This would bring the higher country’s export potential.
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