The booming agriculture sector in Russia could help it remain the global leader in wheat exports this year. Preliminary projections show that the grain harvest in 2020 will be the country’s second largest after 2017, a record year. Experts, however, note that the weather factor, including a snowless, warm winter, is increasingly becoming a “black swan” event for farmers. A black swan event refers to a rare and unpredictable occurrence that has severe consequences for financial markets. In the 2017-2018 agricultural year, Russia exported a record 40.45 million tons of wheat to the global market; in 2018-2019 it delivered 35.2 million tons. This year’s export crop may amount to 36 million tons, the Ministry of Agriculture says. Industry experts project deliveries in the range of 32-42 million tons.