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IKAR downgrades its forecast for Russia's 2020 grain crop

Reuters, 07.07.20

MOSCOW, July 7 (Reuters) - IKAR, one of Russia's leading agriculture consultancies, said on Tuesday that it had downgraded its estimate for the Russian 2020 grain crop by 2 million tonnes to 126 million tonnes due to low yields in part of the country's southern and central regions.

Its forecast for Russia's 2020 wheat crop was cut by 1.5 million tonnes to 78 million tonnes, it added in a note.

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