According to data from the Ministry of Industry of Brazil, over the period of December 1-11, the country’s corn exports reached 1.5 million tons, with a forecast for the entire month of 5.4 million tons.
– According to the forecast of the Ministry of Agriculture of Russia in 2023, the grain production in the country will reach 125-127 million tons, including wheat production of 80-85 million tons.
– Eight ships loaded with 238,600 tons have left Ukrainian ports. Now 23 ships with 690,000 tons are loaded in Odessa ports.
– According to a forecast of the Ministry of Agriculture of France, the area with winter cereals in the country will reach 6.7 million hectares in 2023/24 (+1.2% compared to the previous year and +0.9% compared to the average five-year level). Areas with winter wheat will be 4.7 million hectares, winter barley areas will reach 1.3 million hectares, durum wheat areas will decrease by 11,000 hectares, and with winter rapeseed areas are expected at 1.3 million hectares. The 2022 soft wheat production was confirmed at the level of 33.7 million tons, and the estimate for the corn production was lowered to 10.8 million tons.
– As of 01.12.2022, the stocks of grain in Kazakhstan were 16.992 million tons, which is 2.44 million tons lower than in November, including wheat stocks of 13.957 million tons.
– Chicago commodity funds were net sellers of 9,000 soybean contracts and net buyers of 6,000 corn and 10,000 wheat contracts yesterday.
– According to data from the Ministry of Industry of Brazil, over the period of December 1-11, the country’s corn exports reached 1.5 million tons, with a forecast for the entire month of 5.4 million tons. Soybean exports were 720.00 tons. Since the beginning of the season, corn exports reached 36.2 million tons (+140% compared to the previous year), and soybean exports were 76.3 million tons (-14%).
– According to AgRural data, the sowing campaign of soybeans in Brazil has been completed on 95% (96% a year earlier).
– In November, palm oil stocks in Malaysia fell by 4.98% to 2.29 million tons, which was the first decline in the last 6 months (1.8 at the end of November 2021). During the month, production decreased by 7.33% to 1.68 million tons, and exports increased by 0.92% to 1.52 million tons.
– In India, 25.57 million hectares were sown with wheat (20.39 a year earlier). The reason for the growth is the high current crop prices.
– Algeria has announced a tender for the purchase of at least 50,000 tons of soft wheat with a protein of 11.5% and delivery in February.
