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Reference Date: 15-September-2014


  1. The 2014 aggregate cereal harvest estimated at a near-record level

  2. Exports in 2014/15 marketing year (July/June) forecast at a record level

  3. Export wheat prices continue to decline

The 2014 aggregate cereal harvest estimated at a near-record level

Harvesting of the 2014 cereal crops, including wheat, barley and maize has been almost completed. The aggregate cereal harvest is put at 102 million tonnes, up 14 percent from last year’s good output. Most of the growth is estimated on account of a strong increase in production of wheat and barley estimated at 59 and 20 million tonnes, respectively. This is the result of higher yields, following favourable weather conditions throughout the cropping season and continued Government support to the sector. Planting of winter cereal crops started in mid-August under generally favourable weather conditions. Early indications point to an increase in area planted to winter cereals to 16.5 million hectares.

Exports in 2014/15 marketing year (July/June) forecast at a record level

Cereal exports in the current 2014/15 marketing year (July/June) are forecast at a record level of 29.7 million tonnes, or 17 percent higher than last year’s high level. Wheat represents about 76 percent of exports and the remaining is barley, maize and rye. The largest part of exports is shipped to Egypt, Turkey and the Islamic Republic of Iran. The Russian Government announced on 6 August the ban for one year of most food imports from the United States, the European Union, Norway, Canada and Australia, due to international sanctions imposed following the Ukraine political crisis. The ban, which does not include U.S. rice and wild rice, would be effective on imports of meat, fish, nuts, fruits, vegetables and milk products from 13 August 2014.

Export wheat prices continue to decline

Wheat export quotations continued to decline in August, but at a slower pace compared to the previous month and were slightly below their year-earlier levels. The downward pressure on prices from the bumper 2014 winter harvests was partly offset by strong export demand that contributed to the slowing price decreases. Prices of potatoes, another important food staple, decreased seasonally for the second consecutive month in August though remained higher than their level at the same time in 2013.

Relevant links:
 Food Price Data and Analysis Tool
 Earth Observation Indicators
 Seasonal Indicators
 Vegetation Indicators
 Precipitation Indicators
 Graphs & Data
 NDVI & Precipitation
 Crop and Food Security Assessment Mission (CFSAM) Reports & Special Alerts: 1998
From FAO:
 FAO Country Profiles

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