러시아 곡물 및 시리얼 인사이트

The area under spring wheat may decrease by 4% this year compared to last year. The value may become the lowest in more than ten years. The refusal from wheat is dictated by unfavorable weather conditions and a shift in farmers' interest towards more profitable crops - oilseeds and pulses. Analysts maintain positive expectations regarding

Russia May Collect 85-90 Million Tons of Wheat in 2025 - Analysts The growth of sown areas for oilseeds and leguminous crops does not diminish Russia's role on the global stage in wheat supplies, with this year's harvest potentially reaching up to 90 million tons. This opinion was expressed by participants in the Russian grain market. "This year, oilseed plantings, according to our estimates, will increase to a record 19.9 million hectares. Leguminous crop areas will also remain at a record level. This is the impact of price conditions. Wheat sown areas, by our calculations and taking into account winter crop losses, will be around 27 million hectares. Yield growth may allow for collecting between 85 and 90 million tons of this crop," says Igor Pavensky, head of the Rusagrotrans analytical center. Earlier, Dmitry Rylko, director general of the Institute of Agricultural Market Conditions, reported that the spring wheat sown area in Russia may decrease by more than 1 million hectares year-on-year to 11.5 million hectares. This is the minimum value in recent decades.

Demand prices for Russian wheat with 12.5% protein for July delivery rose by $5/t to $226-227/FOB after falling in the previous week. Prices for Romanian wheat strengthened to $237.75/t (+$6.25/t), for Argentine wheat remained at $236/t. French wheat prices increased to $232.5/t (+$4.5/t), American wheat to $237/t (+$1/t), while Australian wheat declined to $249/t (-$1/t). Rising prices in Northern Hemisphere exporting countries were influenced by hot and dry weather in France and deteriorating winter wheat crop conditions, as well as risks of delayed harvesting in Southern Russia due to rains. Jordan (MITS) purchased 60,000 tons of wheat from Romanian company CHS on June 17 at $254.9/t CNF - approximately $5/t lower than the previous tender, which translates to around $223/t FOB Novorossiysk for wheat with 12.5% protein. Soft wheat crop conditions in France have deteriorated. The share of good and excellent crops is 68% (70% a week ago), but significantly higher than last year's ...