According to the MPOC forecast, by the end of 2021 palm oil stocks in Malaysia will be quite low at approximately 1.5 million tons.

According to analysts, the corn production in Brazil will reach 108.2 million tons in 2020/21, which is 5.5% more than the production in 2019/20.

According to the forecast of TF Agroeconomica, due to the delay in the sowing campaign of second corn crop in Brazil, the areas with winter wheat 2021 will increase.

Saudi Arabia has purchased 355,000 tons of wheat from Australia, Canada and Ukraine with delivery in May - December.

Over the week, export prices of crude sunseed oil from Ukraine rose by 65 - 70 USD/ton, given rumors that Russia will limit exports of the product. At the same time, demand for exports remained rather weak.

According to the forecast of Agriculture and Agri-Food Canada, wheat production in Canada will reach 32.7 million tons in 2021/22, which is 1 million tons less than the previous estimate. Wheat production was 35.2 million tons in 2020/21.