Russian Grains Market: 20–24 October 2025 The Russian grains market remained relatively stable with divergent regional trends. European Russia exhibited bearish sentiment due to exportable surplus, while Asian Russia showed signs of price recovery, though uncertainty persists. The bearish outlook in Kazakhstan could soon pressure wheat prices in Asian Russia. The Russian Ministry of Agriculture projects grain exports at 50 MMT for the 2025/26 season (July–June), down from 53 MMT in 2024/25, which included 44 MMT of wheat. As of last week, the grain crop reached 135 MMT in bunker weight, up 9 MMT year over year. Wheat production rose 7.8 percent to 93.5 MMT, and barley increased 15.4 percent to 20.5 MMT. Corn, rice, and buckwheat...