Russia: Grain and Feed Update
FAS/Moscow increased its April 2015’s grain production forecast by 5 million metric tons (MMT) to 97 MMT. This forecast includes 56 MMT of wheat (3 MMT higher than in the April forecast), 16.5 MMT of barley, 12 MMT of corn (up 2 MMT), 3 MMT of rye, 5 MMT of oats, almost 0.7 MMT of milled rice (1.06 MMT in rough weight), and 3.2 MMT of other grains and pulses. FAS/Moscow forecasts grain exports in MY 2015/16 at 29 MMT, a seven percent decrease from the record 32 MMT’s exports in MY 2014/15, but the second highest in the Russian history. Exports forecast includes 21 MMT of wheat, 4 MMT of barley, 3.5 MMT of corn, and approximately 0.7 MMT of other grains and pulses.