Apr 25 2018, 9:30 AMApr 26 2018, 9:59 AMApril 25 2018, 9:30 AMApril 26 2018, 9:59 AM
Russia's Institute for Agricultural Market Studies (IKAR) has cut its annual winter wheat estimate by around 9% after cold weather and snow delayed planting in central areas and the Volga valley. IKAR has predicted a harvest of between 72 million and 78 million metric tonnes, and warned planting may be smaller too. Despite IKAR's reservations, Russia's wheat harvest is still expected to be one of the biggest on record, with analysts looking to improved weather conditions in the south to boost the total.