Russia on track to have one of its largest-ever grain harvests
Grain production in Russia is expected to reach an all-time high this year, according to the US Department of Agriculture (USDA), with wheat production reaching 78 million tons.
The USDA has raised its July forecast by 1.5 million tons (excluding Crimea), saying that Russian wheat exports are also expected to rise by another 1.5 million tons this year, to 37.5 million.
At the same time, the USDA’s forecast for global wheat production in the 20/21 season has been reduced by almost 3.5 million tons.
Meanwhile, Russian analysts expect the country’s wheat harvest to grow by at least three million tons. According to Igor Pavensky, general director of the Rusagrotrans analytical center, Russia could collect 127.5 million tons of grain, which would be one of the country’s largest harvests, second only to the record 135.5 million tons recorded in 2017. This year’s wheat harvest may total 81 million tons. In 2017, a record 86 million tons of wheat were harvested in Russia.
Also on rt.com
“The US Department of Agriculture clearly underestimates our harvest,” Pavensky said, pointing to record harvests in Central Russia and the Volga region. He noted that a record 29.4 million hectares of land have been used for wheat this year. According to Rosstat, that’s 1.3 million hectares more than were allocated in 2019.
The Russian Ministry of Agriculture said that, as of August 12, grain and leguminous crops have been harvested from 48 percent of the planted area, which is more than on the same date last year. The ministry has not changed its estimate for the grain harvest, which stands at 122.5 million tons.
For more stories on economy & finance visit RT’s business section