Grain Highlights 19.12.2022
According to a forecast by Strategie Grains, the soft wheat production in the EU will reach 128.7 million tons in 2023(125.5 in 2021/22). Corn production is projected at 63.7 million tons (50.5) and EU barley production is estimated at 52.5 million tons (51.3). – During the week of December 12-18, 506,300 tons of grain were […]
Grain Highlights 17.12.2022
According to a StoneX forecast, the drought in the Brazilian state of Rio Grande do Sul will reduce the first corn production to 4.51 million tons (5.38 in the preliminary estimate and 2.56 last season). – During the first 11 months of 2022, more than 25 million tons of mineral fertilizers were exported from Russia, […]
Grain Highlights 15.12.2022
Algeria has bought 520,000 tons of wheat at prices of 348 – 349 USD/ton C&F and delivery in February 2023. Most likely it will come from the EU. – According to data from APC – Inform, during the first 5 months of the season, wheat exports from Ukraine reached 6.8 million tons (-54% compared to […]
Grain Highlights 14.12.2022
Wheat stocks in the state warehouses of India at the beginning of December reached the lowest level for the last 6 years – 19 million tons (37.85 a year earlier). – According to data from the Ministry of Agriculture of Russia, the grain production in the country will reach 159 million tons of bunker weight […]
Grain Highlights 13.12.2022
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 […]
Grain Highlights 12.12.2022
Over the January-November period, grain imports into China decreased by 11.8% compared to the previous year to 133.2 million tons. – During the week of December 5-11, 212,700 tons of wheat were exported from the Russian port of Novorossiysk, which is more than 50% less than the previous week. The biggest buyers were Pakistan with […]
Grain Highlights 10.12.2022
The state company of Egypt GASC has purchased through direct negotiations 260,00 tons of Russian wheat with delivery within 25.12 – 28.02.2022 at an average price of 354 USD/ton C&F (361 on the previous purchase). – Rusagrotrans predicts that in 2022/23 the export of wheat from Russia will reach a record 43.5 million tons. In […]
Grain Highlights 09.12.2022
The Buenos Aires Grain Exchange reports that as of 07.12.2022, only 37.1% of the planned soybean areas have been sown in Argentina (+8% for the week and -20% compared to 2021). – SovEcon has raised its forecast for wheat exports from Russia in 2022/23 to 43.9 million tons (43.7 in the previous estimate). In the […]