Russia’s grain harvest exceeds last year’s level: deputy PM

Russia surpassing last year's grain harvest, despite Western sanctions and logistical hurdles, signals resilience in its agricultural export capacity. This matters for global wheat markets, where Russian supply is a key price anchor; a larger crop could ease concerns over tight inventories. The deputy PM's 'very good' outlook suggests stable domestic food production, but the open question is whether export volumes and pricing will follow, given infrastructure constraints and payment friction. Watch for official harvest data and export figures to confirm whether this output translates into sustained market pressure.