Weather helps new Russian wheat crop, SovEcon upped the forecast

SovEcon upped the Russian wheat crop forecast on favorable weather

Last week was friendly for Russian winter wheat regions again. The South, the Center and the Volga Valley received 20-40 mm of rains. In some cases, it was too wet which could lead to the spread of diseases, first of in the South where temperatures were below the norm. 

Key spring wheat regions, the Urals and Siberia, received some rains at last (5-20 mm), but some damage to spring yields had been done already.

This week, winter wheat regions are predicted to be mainly drier with 2-15 mm of rain. However, parts of the South (Rostov and Krasnodar), are still predicted to be abnormally wet (20-40 mm). At this stage, this could lower the quality of the new wheat crop in terms of protein and gluten content.

Siberia is predicted to receive more much-awaited rains (15-30 mm).

Last week, SovEcon upped the Russian wheat crop forecast by 1.5 mmt to 82.4 mmt on good crop conditions and a bigger spring wheat area. If the current precipitation forecast is realized, the estimate could be upped further. 

Follow the Black Sea grain market

Get your free trial of The Sizov Report — an analytical service covering agricultural markets of Russia, Ukraine and Kazakhstan

Try for free

More Articles for You

Russian on-farm wheat stocks are double the average

Increase in stocks can be attributed to the record-high wheat crop and relatively sluggish exports at the beginning of the export season.

Russian 2023 wheat crop estimate upped to 88 MMT

The estimate was revised up amid favorable weather conditions in the South.

Weekly Russian wheat exports decline to February low

The exports declined amid the sluggish demand at the end of the export season.

Russian wheat is being seeded at a record-high pace

Wheat is seeded at a rapid pace amid favorable weather conditions and warm temperatures at the beginning of the sowing campaign.

Russian wheat stocks are 79% higher than average – SovEcon

The stocks have significantly surpassed the average due to the record-high wheat crop and relatively sluggish exports.

Russia’s outstanding wheat sales hit multi-month low

The sales are declining amid the lower competitiveness of the Russian wheat.