USDA raises Russian wheat crop estimate to 91 million tons for 2022-2023 agricultural year

The U.S. Department of Agriculture (USDA) raised its forecast for the Russian wheat harvest to 91 million tons for the 2022-2023 agricultural year (July 1, 2022 to July 30, 2023), according to the USDA’s September report.

The report said, “Based on the winter wheat harvest released by the Russian Ministry of Agriculture, Russian (wheat) production is expected to increase by 3 million tons to 91 million tons. If expectations are met, Russia’s harvest area and production will be record-breaking.”

Russia’s 2022 grain harvest may reach 130 million tons, including 87 million tons of wheat, or a new record, according to an official forecast previously released by the U.S. Department of Agriculture. However, in early August, Russian Agriculture Minister Dmitry Patrushev argued that there is also a risk of not reaching that level due to a number of reasons, including complicated weather conditions this agricultural season.

Before that, Russia’s grain harvest set a record in 2017, reaching 135.539 million tons, including 86.003 million tons of wheat. 2021, Russia harvested 120.656 million tons of grain and 75.94 million tons of wheat.

Source: RIA Novosti

Post time: Sep-19-2022