Experts predict decrease in Russia's grain crop

by World Grain Staff
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MOSCOW, RUSSIA — According to several estimates, the Russian grain crop is estimated to decrease 1 to 2 million tonnes due to bad weather in Siberia and the Urals, UkrAgroConsult reported on Nov. 6.

According to various estimates, the Russian grain crop will decrease 1 to 2 million tonnes due to bad weather in Siberia and the Urals. This opinion was expressed by experts surveyed by TASS and it does not coincide with the view of the Agriculture Ministry of Russia.

However, the Russian Agriculture Ministry said the bad weather would not impact Russia’s total crop forecast of 104.2 million tonnes in net weight.

Specialists of the Institute for Agricultural Market Studies (IKAR) have already cut their forecast for Russia’s 2014 grain crop from 104 million tonnes to 102 million tonnes in standard weight (excluding 1 million tonnes in Crimea).

“This forecast will still undergo a reduction due to adverse weather conditions and protracted harvest,” said IKAR grain market analyst Yevgeniy Zaytsev.

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