High crop yields will increase the country’s export capacity and alleviate global prices, the Sberbank deputy CEO has said Russia expects a grain harvest of about 150 million tons this year, 15 million more than the 2017 record, the deputy CEO of Sberbank said on Thursday. Such an output level would boost export capacity to 60 million tons, which is 5 million more than in the 2017-2018 season, Aleksandr Vedyakhin wrote in an article for Russia’s Izvestia newspaper. Vedyakhin noted that in the early 2000s Russia was a net importer of grain, and it took the country less than 20 years to become world’s largest wheat
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