SovEkon predicts a decrease in Russian wheat exports in the 2026-2027 agricultural year

In the current agricultural year (from July 2026 to June 2027), a decrease in supplies of Russian wheat abroad is expected. Analysts from the consulting company SovEkon voiced this forecast against the backdrop of difficulties with grain shipments from the Azov-Black Sea basin, Interfax reports.

According to updated analysts' expectations, the volume of wheat supplies from the Russian Federation in this period will decrease by 3.2 million tons, and will amount to 41.4 million tons. The company also adjusted downward its forecast for the shipment of barley and corn - by 0.2 and 0.6 million tons, respectively.

SovEcon believes that shipping in the Azov-Black Sea basin is unlikely to return to normal in the coming weeks, but assumes a partial recovery in late autumn. In September, the supply of wheat grain abroad, according to company forecasts, will remain unchanged at the level of two million tons.