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I don't think so. It's not in Russia nor America's interest to boost yields too much since that will lead to lower prices and definitely not be "printing money".
The world's major wheat producers must balance a fine line between increasing yields to meet global demands - rising population and higher incomes in the developing world, with keeping supply limited to sustain good prices.
In England we almost stopped producing wheat in the 19th century since it became dirt cheap to get better quality stuff from the colonies, Argentina and America. English wheat became noncompetitive because it cost more to produce and was of inferior quality (wet climates lead to soft wheat for cakes and biscuits, dry climates lead to hard wheat for bread and pastry).
Eventually the world population grew though, WWI and II cut off wheat supplies sending the prices up and keeping supply low. England went from producing mostly just livestock to being self sufficient in wheat again, and with superior strains perfect for the climate it has been self sufficient in both hard and soft wheat for most years since (except for the odd bad year like 2012 when much had to be imported).
Supply and demand is everything. But a consequence of higher efficiency and higher yields in Russian wheat farming could perhaps influence other areas of agriculture. Cheap wheat prices would mean cheaper cattle feed, making meat cheaper and more available. Since raising cattle on grain is so inefficient by its very nature, this alone would possibly offset any higher yields, keeping prices at a good level for farmers.
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