MOSCOW, RUSSIA — According to the updated forecast from APK-Inform Agency, wheat production in Russia is expected to increase 38% from last year to 52.1 million tonnes
According to agency analysts, the increase of wheat harvest is due to low rates of losses of winter wheat areas (nearly 8%), which is nearly double the spring varieties. In addition, the the average yield is expected to increase to 2.26 tonnes per hectare this year from 1.77 tonnes per hectare in 2012.
When the specified level of wheat production is achieved, the total supply of the grain in Russia in 2013-14 may reach 54.8 million tonnes, an increase of 20% compared with the current season.
As a result, the agency said the export potential of Russian wheat in the future year may rise to 15 million tonnes, compared to 10.8 million tonnes expected in the 2012-13 season.
