Russia: Grain and Feed Update
FAS Moscow increased its April 2017 total grain production forecast by 3 million metric tons (MMT) to 113 MMT. For major crops FAS Moscow forecasts: 68.0 MMT of wheat (1.0 MMT lower than the official USDA forecast as of June 2017), 16.5 MMT of barley (0.5 MMT lower than the official USDA forecast), 15.5 MMT of corn (0.5 MMT lower than the official USDA forecast), 2.6 MMT of rye (0.2 MMT lower than the official USDA forecast), 4.5 MMT of oats (0.3 MMT lower than the official USDA forecast), 0.69 MMT of milled rice (10,000 MT less than the official USDA forecast), or almost 1.06 MMT in rough, 0.55 MMT of millet (Post forecast for millet matches USDA official forecast), and almost 4.5 MMT of other grains and pulses. FAS Moscow forecasts grain exports in MY 2017/2018 at 38.0 MMT, approximately 1.0 MMT higher than Post’s estimates for grain exports in MY 2016/2017, the highest grain export estimate in Russian history. Exports forecast for MY 2017/2018 include 28.0 MMT of wheat, 3.3 MMT of barley, 5.7 MMT of corn, 0.18 MMT of milled rice, and 0.86 MMT of other grains and pulses.
