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News last update:14 Jan 2016

Russia’s 2014 grain harvest to exceed forecasts

Good weather conditions and Russian state support has resulted in Russia’s 2014 grain harvest exceeding initial forecasts, with more than 100 million tonnes of grain expected to be harvested, said the Russian Agricultural Minister Nikolay Fedorov in a conversation with Prime Minister Dmitry Medvedev.

The official forecast of the Ministry of Agriculture of the Russian Federation on the grain harvest in 2014 was 97 million tonnes against 92.4 million tonnes last year.

"We've recently received the forward-looking assessment of potential size of harvest from the agricultural managements of regions - how much they can give. They adjusted their data, and it turns out – that the total volume of harvest will be at least 100 million tonnes," said Nikolay Fedorov.

The Russian government also forecasts that due to the increase in harvest the country will be able to boost the volume of grain exports this year to 25-27 million tonnes.

Prime Minister Dmitry Medvedev said the progress in the harvesting campaign looked high enough to expect that Russia would be able to offer 25 million tonnes of grain on the world market. By the beginning of the last third of August Russia's farm workers had thrashed 66 million tonnes of grain, in contrast to 53 million tonnes on the same date last year.

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