# Russian farmers ditch wheat for other crops after heavy losses

> Russian farmers are switching area from wheat to other crops after heavy losses. Russia's wheat harvest is set to fall to 83 million tons from 92.8 million in 2023, and grain profitability is near zero in many regions.

- Date: 2024-11-20 · published 2024-11-20T12:00:00.000Z
- Category: weather · region Russia · magnitude medium
- Page: https://feedsoft.ai/events/27441-russian-farmers-ditch-wheat-for-other-crops-after-heavy-losses
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A smaller Russian crop and shrinking wheat plantings tighten the export supply from the world's top wheat exporter, supporting global wheat prices.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: neutral
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-11-18 | [WA wheat crop forecast dives \| Farm Online \| ACT](https://feedsoft.ai/events/56007-wa-wheat-crop-forecast-dives-farm-online-act.md) | +3.8% | +3.1% |
| WHEAT | 2026-06-22 | [After drought and wildfires, wheat farmers in the Great Plains are in for a rough year \| HPPR](https://feedsoft.ai/events/18863-after-drought-and-wildfires-wheat-farmers-in-the-great-plains-are-in-for-a.md) | -1.6% | +1.9% |
| WHEAT | 2024-07-11 | [Heavy rainfall causes severe harvest impact and losses for French farmers \| Euronews](https://feedsoft.ai/events/29191-heavy-rainfall-causes-severe-harvest-impact-and-losses-for-french-farmers.md) | -3.5% | -2.6% |
| WHEAT | 2024-08-12 | [Rain-hit crops create triple whammy for French grain farmers \| Reuters](https://feedsoft.ai/events/28706-rain-hit-crops-create-triple-whammy-for-french-grain-farmers-reuters.md) | +0.1% | -3.5% |
| WHEAT | 2023-08-02 | [Weather woes, Russia upend outlook for global wheat suppliers \| Reuters](https://feedsoft.ai/events/34622-weather-woes-russia-upend-outlook-for-global-wheat-suppliers-reuters.md) | +0.8% | -7.4% |
| KWHEAT | 2019-11-18 | [WA wheat crop forecast dives \| Farm Online \| ACT](https://feedsoft.ai/events/56007-wa-wheat-crop-forecast-dives-farm-online-act.md) | +1.7% | +10.8% |
| KWHEAT | 2026-06-22 | [After drought and wildfires, wheat farmers in the Great Plains are in for a rough year \| HPPR](https://feedsoft.ai/events/18863-after-drought-and-wildfires-wheat-farmers-in-the-great-plains-are-in-for-a.md) | -5.1% | +12.4% |
| KWHEAT | 2023-08-02 | [Weather woes, Russia upend outlook for global wheat suppliers \| Reuters](https://feedsoft.ai/events/34622-weather-woes-russia-upend-outlook-for-global-wheat-suppliers-reuters.md) | -4.2% | -11.2% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/russian-farmers-ditch-wheat-other-crops-after-heavy-losses-2024-11-20/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
