London Wheat Report

Russian winter crops are in poor condition and will need to be partially replaced by spring crops, while the outlook for next year’s harvest remains difficult to predict, Deputy Prime Minister Dmitry Patrushev said on Thursday. Analysts from the ProZerno Centre, citing data from the state weather forecasting agency on Dec. 4, said over 37% of winter crops are in poor condition or have not sprouted, compared with only 4% last year, marking the worst level ever recorded. “The future harvest is difficult to predict at this point. We’ve just sown the winter crops, they are not in very good condition. We will have to replant with spring crops,” Patrushev told the Interfax news agency. The analysts said the share of winter crops in good condition amounts to 31%, compared to 74% last year.
Canadian farmers reported producing more wheat and oats, and less canola and barley in 2024 than a year earlier, according to a farm survey by Statistics Canada released on Thursday. While the wheat crop was the highest in recent years, it was not a record as some had expected earlier in the season, coming in below the 2013 harvest as farmers faced drier growing conditions in Western Canada. Farmers harvested 34.958 million metric tonnes of wheat and 17.845 million tonnes of canola, the survey showed. Both crops were below estimates in a Reuters poll, which had expected 35.04 million tonnes of wheat and 18.51 million tonnes of canola.
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