MOSCOW, RUSSIA — Sovecon cut its forecast for Russia’s 2021 wheat crop to 75.4 million tonnes from 76.2 million tonnes because of low spring wheat yields, Reuters said.
Russia has experienced dry weather in several regions this year. Urals and Volga were particularly hurt by a very dry and hot summer, with Urals possibly harvesting the lowest crop since 2012 and Volga since 2014.
Precipitation in both areas was 50% to 80% of what it normally receives and temperatures were 3°C to 5°C above average, Reuters said.
Exports are expected to decline to the lowest level in five seasons due to the smaller crop, slow pace of exports and tough competition with other suppliers.