Russia’s wheat exports for 2018/19 seen at 34.3 MMT.

Russian grain consultancy IKAR said it had downgraded its forecast for Russian wheat exports to 34.3 million tonnes for the 2018/2019 season. IKAR, one of the leading agriculture consultancies in Moscow, said it expected the wheat crop to stand at 69.5-77.5 million tonnes for the same period, down from 73-80 million tonnes in its previous forecast.