Russian Grain Markets: 23–27 February 2026 The Russian grain market turned bearish during the final week of February as global trends and heavy domestic stocks pressured values across most regions. According to updated 2025 crop data from Rosstat, total grain production reached 141.15 million tons, the third-largest harvest in Russia’s modern history after the record crops of 2022 and 2023. Wheat output was revised to 91.07 million tons, corn to 14.81 million tons, and barley to 19.666 million tons. Pulses Under Pressure Pulse production reached a record 7.95 million tons, including 5.72 million tons of peas. Pea prices have fallen to roughly half of last season’s levels. The decline reflects heavy domestic stocks, a stron...