In June, the forecast was raised to 69 million from 67 million tons for the may assessment. The forecast of wheat exports in 2017-2018 marketing year increased to 30.5 million tons from 29 million tons. Evaluation of carryover stocks at the end of this agricultural year has also been increased to 11.84 million tons from 11.63 million tonnes.

According to the updated forecast, the production of fodder grain in Russia to 2017 is expected at the level of 41.65 million tons (the June estimate was below – 41,15 million tonnes). Estimate exports of feed grains increased to 9.66 million tons from 9.56 million tonnes in June, the carryover stocks at the end of the 2017-2018 crop year to 2.1 million tons with 2 million tons.

Photo: exp.idk.ru