Russia - Decrease in grain production forecast

Several months of drought and heat in European have resulted in a decrease in the Russian grain production forecast to 62 million metric tons, 36 percent less than the last year crop.
Tuesday 31 August 2010 (8 years 23 days ago)
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Several months of drought and heat in European have resulted in a decrease in the Russian grain production forecast to 62 million metric tons (MMT), 36 percent less than the last year crop.

Wheat crop forecast is 41 MMT, a 34 percent decrease from the last year. Despite the export ban imposed on August 15, 2010, Russia may export up to 5 MMT of grain in marketing year 2010/2011, including 4 MMT of wheat. Russia’s grain imports may increase from 0.4 MMT in MY 2009 to 2.4 MMT in MY 2010. Most of this grain will be imported from the members of the Custom Union and Ukraine.

The Russian Ministry of Agriculture reported that as of August 18, 2010, Russia harvested 40.1 MMT of grain and legumes (in bunker weight), including 28.5 MMT of wheat and 5.7 MMT of barley.

http://gain.fas.usda.gov/Recent%20GAIN%20Publications/Grain%20and%20Feed%20September%20Update_Moscow_Russian%20Federation_8-23-2010.pdf

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