Last May, the U.S. Department of Agriculture published a rather optimistic forecast for the 2021 grain harvest in Russia. It stated that Russia would produce 126.5 million tons of grain, including 85 million tons of wheat and 41.5 million tons of feed grain. But in its August survey, the USDA significantly lowered the forecast, with […]
What Rising Prices Reveal About the Russian Grain Market
The Kremlin must strike a balance between supplying overseas customers and feeding its own people.
