MOSCOW, RUSSIA — Russia’s forecast for its 2021 wheat crop has been cut by 5.9 million tonnes, to 76.4 million tonnes, Reuters said, citing Sovecon.

Sovecon, a leading agriculture consultancy in Moscow, said it lowered the estimate based on a lower pre-harvest winter wheat area of 15.6 million hectares.

Hot and dry weather in July also contributed to the forecast downgrade because it impacted yields of spring wheat and winter wheat in some cases.

IKAR, another Moscow-based consultancy, cut its forecast for Russia's 2021 wheat crop by 3 million tonnes, to 78.5 million tonnes, due to low yields in some areas,Reuterssaid.