Russia: Grain and Feed September 2014 Update
FAS/Moscow increased the previous Russia total grain crop forecast for MY 2014/15 by 5 million metric tons (MMT) to 99 MMT due to very favorable weather for harvesting wheat and barley in European Russia in July and August and reported high yields of these crops. The forecasted crop includes 56 MMT of wheat (4 MMT increase from the previous forecast), 17.5 MMT of barley (1.5 MMT increase), 13 MMT of corn and almost 13 MMT of other grains and pulses. Given these crop volumes, in MY 2014/15 Russia may export up to 28 MMT of grain (2 MMT increase from the previous FAS/Moscow forecast), including 21 MMT of wheat, 3 MMT of barley, 3.5 MMT of corn and from 0.5 to 0.8 MMT of other grains and pulses. The Russian Grain Union forecast that given continued favorable weather, grain production in MY 2014/2015 may reach 104 MMT, the second highest crop after the bumper 108 MMT crop in 2008.
