Russian Grains Market: 29 September–03 October 2025 The market remained bearish under pressure from the new crop. However, the export market is fueling optimism. With relatively low export duties, Russian farmers may improve grain margins this year, supported by significant trade volumes and steady demand. The domestic market remains stagnant and unstable. Farmers are holding grain stocks, anticipating better prices later in the season. The Russian government estimates the 2025 wheat crop at 88 MMT. According to Agriculture Minister Oksana Loot, total grain production has reached 128 MMT, with expectations to hit 135 MMT. It remains unclear whether this figure includes occupied Ukrainian territories, which currently account for approx...