SovEkon Cuts Russia 2026/27 Wheat Export Forecast by 4.7M Tons

SovEkon, a Russian agricultural analytics firm, has reduced its grain export forecast for the 2026/27 season by 4.7 million tons, citing likely lower supply. This marks a further downward revision, suggesting tightening Russian wheat availability. The cut could support global wheat prices and signal reduced export competition, impacting import-dependent regions.