echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Food News > Food Articles > SovEcon expects Russian wheat production could fall nearly 16 percent year-on-year next year.

    SovEcon expects Russian wheat production could fall nearly 16 percent year-on-year next year.

    • Last Update: 2022-10-25
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Foreign media news on October 19: TASS news agency on Wednesday, citing data released by consulting firm SovEcon, said that Russian cereal production in 2022 is expected to be 152 million tons, higher than the earlier forecast of 151.
    4 million tons; wheat production has also been revised up from 100 million tons to 100.
    6 million tons, both record
    highs.
     
    SovEcon predicted in the same report that wheat harvested in Russia in 2023 fell to 84.
    8 million mt
    .
    If this forecast comes true, it will be 15.
    7%
    less than this year's 100.
    6 million tons.
     
    Heavy rains in recent weeks have led to a sharp reduction in winter cereal plantings for Russian farmers, the report said; In addition, the strong ruble exchange rate and export tariffs have also led to relatively low domestic wheat prices
    .
     
    The company initially estimated the area of Russian winter cereal sown this autumn at 18.
    8 million hectares, down from 19.
    5 million hectares
    last year.
    Wheat usually accounts for 90%
    of the winter cereal area.
     
    SovEcon said the growing conditions of the winter crops could be assessed as above average and the water supply was good
    .
     
    The total area of wheat before harvest in 2023 is estimated at 29.
    1 million hectares, 400,000 hectares
    less than last year, the report said.
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.