Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

USDA Raises Russia’s Wheat Exports Estimate to 10 Million Tons

Russia, the world’s third-biggest wheat exporter last season, is expected to ship 10 million tons of the grain this season, the U.S. Department of Agriculture said, raising its October estimate of 9 million metric tons.

That would make Russia the fifth-biggest exporter, after the U.S., Canada, the European Union, and Australia, according to the USDA’s World Agricultural Supply and Demand Estimates report today. The estimate was raised due to “strong shipments from the Black Sea region,” according to the report.

Russia’s wheat exports reached 8.2 million tons from July through October, the Grain Producers’ Union said Nov. 1. The country’s wheat production is seen unchanged at 38 million tons, down from 56.2 million tons a year earlier, according to the WASDE report.

Russia, whose crops have been seared by drought this year, harvested 72.9 million tons of grains from 99 percent of the sown territory by Nov. 7, or 24 percent less than a year earlier, according to Agriculture Ministry data. The wheat crop is 39.6 million tons from 99 percent of the planted fields so far. The harvest is before drying and cleaning.

Wheat futures for December delivery fell 1.1 percent to $8.9225 a bushel by 7:22 p.m. Moscow time. It’s advanced 37 percent this year.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.