Russia raises harvest forecast
RUSSIA has raised its forecast for this years grain harvest to 60m-62m tonnes, from 58m-60m tonnes.
The increase reflects better crop figures from some key growing regions.
Russia is still expected to import 8.6m tonnes because last years poor harvest, the lowest in over 40 years, means supplies are still short.
The country is forecast to have a deficit of 13-15m tonnes of feed grain.
- High wheat yields – and quality worries – worldwide, FWi, 30 July, 1999
- Coarse grains up 6m tonnes in monthly IGC figures, FWi, 30 July, 1999
- Financial Times 04/08/99 page 32 (News Digest)