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The international grains Council increased the forecast of wheat exports from Russia in this agricultural year
The international grains Council (IGC headquarters in London) increased the forecast of wheat exports from Russia in the current agricultural year (July 2019-June 2020) by 0.6 million tons to 33.7 million tons, according to a monthly review of the Council.
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The wheat harvest this year in Russia, the Council predicts at 73.7 million tons. This figure has not changed compared to the August estimate.

At the same time, the forecast for grain harvest increased to 112,9 million tons of 111.4 million tons a month earlier.

As specified in the report, this is done by changing the estimates of the barley harvest.

Carry-over stocks of grain in Russia by July 1, 2020 IGC is estimated at 11.6 million tons compared to 10.9 million tons in August, wheat - 9.6 million tons (forecast unchanged).

MSZ also slightly increased its estimate of the world grain harvest of up to 2 billion 159,2 million tonnes from 2 billion to 159.1 million tons a month earlier. The forecast of world wheat crop reduced to 763,5 million tonnes 764,1 million tonnes, respectively.

 

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