Acreage of winter wheat in Russia will be a record, but in the U.S., the lowest in 110 years

due to low prices and poor export demand for U.S. wheat, as well as strong competition from other countries, who gather abundant crops producers to reduce U.S. acreage under winter varieties to the lowest in 110 years index – 31,118 million acres, that exceed only an indicator of 1909 – 29,196 million acres and will yield slightly to last year 31,159 million acres. However the final figures will be known only in January.

large world stocks futures solid chervonoarmyska wheat fell for 2019 by 15%, which is one of the worst on the commodity exchanges. In some regions of the Southern plains of the United States cheaper wheat became corn, which increases its attractiveness. Therefore, one of the farmers of Kansas has announced the reduction of crop HRW wheat by 30%.

According to the USDA, as of October 27, American farmers planted winter wheat 85% of the planned areas compared to 77% at the same date in 2018.

However, rains in some regions of the Midwest may hinder sowing. Farmers who plant wheat after soybeans, can not manage to collect the soybeans that will lead to a reduction in sowing areas chervonoarmyska soft winter wheat.

Russia, on the contrary, this year will sow winter wheat, a record number of area – 16.3 million hectares, which is about 350-400 thousand hectares will exceed last year's figure.

As of October 31, winter crops sown in the country is 18 million hectares, which is 2.8% higher than on this date in 2018, the Previous high was recorded in 2009, when winter crops were sown 17,96 million hectares In 2018, the figure was 17.6 million hectares.

currently, the crops are mostly in good or satisfactory condition, while significant negative factors do not exist.