The two main Russian #agriculture consultancies – IKAR and SovEcon – cut again their estimates for Russia’s 2021 #wheat crop this morning.
IKAR cut its forecast wheat crop to 77 million tonnes from 78.5 million.
Sovecon has yet to release details of its new forecast to the media, but this morning said on social media that it has cut its forecast for the harvest of wheat and corn in Russia.
Previously the consultancy expected the wheat crop at 76.4 million tonnes.
Meanwhile, IKAR has also reduced the barley forecast by 500,000 tons to 18 million tons.
