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The USDA forecast wheat production in Russia again raised
The Department of agriculture (USDA) in its November report increased the forecast of wheat production in Russia in the 2017/18 season by 1 million tons to a new record of 83 million tons
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Forecast of domestic consumption is raised 0.5 million tons to 44 million tons due to food consumption

Also, 0.5 million tons to 33 million tons, increased export forecast.

Due to the growth of domestic consumption and export forecast of ending stocks of wheat could be maintained at the level of the October report – 17.33 million tons.

Key indicators for the neighborhood remained at the level of October.

Wheat production: Kazakhstan – 14 million tons; Ukraine – 26.5 million tons.

Export: Kazakhstan – 7.5 million tons; Ukraine – 16.5 million tonnes.

Photo: oilstat.ru



Translated by service "Yandex.Translation"
Источники: Зерно Он-Лайн
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