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MOSCOW, Might 13 (Reuters) – Russian agriculture consultancy SovEcon mentioned on Thursday it had raised its forecast for Russia’s 2021 wheat crop by 1 million tonnes to 81.7 million tonnes as a consequence of a bigger than anticipated harvest space.
Russia competes with the European Union for the rank of the world’s largest wheat exporter. Turkey, Egypt and Bangladesh are the most important patrons of its wheat. GRA/RU
“The climate has been beneficial for the brand new wheat crop prospects in current weeks,” Andrey Sizov at Sovecon mentioned in a notice. “We see good moisture reserves in nearly all wheat areas.”
Farmers will likely be harvesting winter wheat from 17 million hectares this summer season, not 16.eight million hectares as beforehand anticipated, Sovecon mentioned.
It additionally raised its estimate of the common winter wheat yield to three.50 tonnes per hectare from 3.48 as a consequence of beneficial climate in Russia’s southern areas, the primary wheat producing space.
Sovecon’s estimate of the spring wheat planting space stays at 12.7 million hectares, with a yield of 1.75 tonnes per hectare.
Its forecast for the nation’s 2021 grain crop was raised by 700,000 tonnes to 129.2 million tonnes, together with 19.7 million tonnes of barley and 14.four million tonnes of corn.
(Reporting by Polina Devitt; Enhancing by David Evans and Jan Harvey)
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