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Russia’s grain production expected to drop to 107 mln tonnes in 2017

February 13, 2017, 12:12 UTC+3 MOSCOW

Last year, the grain production totaled 119 mln tonnes

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MOSCOW, February 13. /TASS/. Russia’s grain production is expected to amount to 107 mln tonnes versus 119 mln tonnes in 2016, according to the documents released by the Agriculture Ministry on Monday.

The Ministry expects grain production to total 110 mln tonnes in 2018, 113 mln tonnes in 2019, and 115 mln tonnes in 2020.

Russia’s grain exports are expected to reach 34 mln tonnes in 2017, 35 mln tonnes in 2018, 37 mln tonnes in 2019, and 38 mln tonnes in 2020.

This outlook contradicts the targets in the draft agriculture development program till 2020 released by the Agriculture Ministry earlier on Monday. The draft plan projects grain harvest to amount to 100 mln tonnes in 2020, and grain exports potential at 30 mln tonnes.

Thus, the program aims at lower targets for 2020 than last year when Russia’s grain harvest hit a record of around 119.1 mln tonnes.

Earlier the Ministry projected grain exports from Russia at 37.5 mln tonnes in this agricultural year (July 2016 - June 2017), with export potential amounting to 40 mln tonnes.

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