US further upgrades Russian wheat-export outlook ...News

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US further upgrades Russian wheat-export outlook
Forecasts for production in the current agricultural season remains unchanged, USDA says Russia is projected to send 48 million tons of wheat for export in the current agricultural year (July 2022 to June 2023), according to the latest review issued by the US Department of Agriculture (USDA) released on Friday. The latest figure comes as a 500,000-ton upgrade to the USDA’s previous forecast, issued in July. Back then, analysts expected Russia’s wheat exports to amount to 47.5 million tons, a million more than had been projected in the previous month. At the same time, Russia’s wheat-production outlook remained unc

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