Russian Wheat Quality Up In 2009/10
Russian analysts SovEcon say that despite a wheat crop 5% lower than last season's production, milling wheat volumes have remained largely unchanged in 2009.
They currently peg this season's all wheat production at 60.5 MMT (63.8 MMT in 2008), but say that milling wheat will account for a similar volume as last season at39-40 MMT of that. This leaves feed wheat output this season at around 20-20.5 MMT, down around 15% on last season's 24 MMT, they say.
They currently peg this season's all wheat production at 60.5 MMT (63.8 MMT in 2008), but say that milling wheat will account for a similar volume as last season at39-40 MMT of that. This leaves feed wheat output this season at around 20-20.5 MMT, down around 15% on last season's 24 MMT, they say.