APK-Inform forecasts the grain production in 2023/24 in Ukraine at 53.1 million tons (53.9 in 2022/23), including wheat production of 20.6 million tons (-1%), barley production of 5.5 million tons (-1%), and corn production of 25.5 million tons (-2%).
From 23.08.2023, the export tax on Russian wheat will be 4,269.9 rubles/ton (3,712.8 a week earlier), the export on barley will be 860.3 rubles/ton (439.6), and the export tax on corn will be2,495.3 rubles/ton (2,175.1).
APK-Inform forecasts the grain production in 2023/24 in Ukraine at 53.1 million tons (53.9 in 2022/23), including wheat production of 20.6 million tons (-1%), barley production of 5.5 million tons (-1%), and corn production of 25.5 million tons (-2%). The total grain export is projected to be 32.3 million tons (-30%), including wheat exports of 12 million tons (-29%), barley exports of 2 million tons (-26%), and corn exports of 18 million tons (-32%).
As of 14.08.2023, in Ukraine, 6.185 million hectares of grain crops have been harvested (57% of total areas), yielding 27.26 million tons of grain, including 20.82 million tons of wheat (94% of the areas), and 5.57 million tons of barley (57%).
According to data from FranceAgriMer as of 14.08.2023, the harvesting campaign of soft wheat in France is completed on 96% of the areas (+7% for the week). The harvesting campaign spring barley has been completed on 98% of areas (+2%). 84% of the corn crops are in good and excellent condition (85% a week earlier and 50% a year earlier).
During the period from July 1 to August 13, imports of rapeseed to the EU amounted to 249,050 tons (678,200 in 2022/23). Deliveries from Australia were 103,000 tons (423,000), Moldova 95,300 tons (23,400), Ukraine 20,100 tons (176,300). Exports of rapeseed during the period amounted to 86,500 tons (156,600).
According to HMRC data for 2022/23, barley exports from the UK amounted to 1.116 million tons (1.162 in the last five years). Corn imports reached 2.099 million tons (2.458).
The Ministry of Agriculture in Argentina forecasts wheat areas in 2023/24 at 5.8 million hectares (-0.3 compared to the previous estimate and 5.9 in 2022/23). Sowing is fully completed, and 85% of the crops are in good and excellent condition (82% a year earlier).
According to a forecast by the Rosario Grain Exchange, corn areas in Argentina in 2023/24 will reach 8.5 million hectares (+0.3 compared to the previous estimate), with a production of 58 million tons.
Based on Oil World data, imports of vegetable oils to Iran from January to July amounted to 875,000 tons, which is a five-year minimum (905,000 in 2022).
Jordan has canceled a tender for the import of 120,000 tons of feed barley due to high prices. The next tender will take place on 23.08.2023.
In their August report, analysts from IGC forecast global wheat exports for 2023/24 at 197.2 million tons (196.9 in July and 206.6 in 2022/23), including 36.2 million tons from the EU (35.7 and 34.7), 46.6 million tons from Russia (45.2 and 46.7), 1.2 million tons from China (1.1 and 1.1), 12.4 million tons from Argentina (12.5 and 4.5), 24.2 million tons from Canada (26.2 and 25.2), and 19.1 million tons from the US (19.9 and 20.9). The global wheat production in 2023/24 will be 784.1 million tons (784.2 and 803.3), including in Canada at 31.5 million tons (34 and 33.8), in the EU at 133.3 million tons (134.6 and 133.8), the US at 47.2 million tons (47.3 and 44.9), in Russia at 83.6 million tons (84.4 and 95.4), and 24.5 million tons in Ukraine (23.2 and 26.3). Ending wheat stocks worldwide will be 260.9 million tons (263.2 in 2022/23), including 138.4 million tons in China (139.1), 2.8 million tons in Canada (3.1), 13.8 million tons in the EU at (15.9), 11.7 million tons in India (12.2), 16.8 million tons in the US (16), 2.8 million tons in Ukraine (2), and 10.4 million tons in Russia (10.2).
