According to data from FranceAgriMer, as of 16.05.2022, 73% of winter wheat crops are in good and excellent condition in France (82% a week earlier and 79% a year earlier).

As of 19.05.2022, the sowing of spring crops in Ukraine was carried out on 11.845 million hectares, which is 70% of the previous year, including 5.6 million hectares of spring cereals (75%).

SovEcon has raised its forecast for the wheat production in Russia in 2022/23 to 88.6 million tons (+1.2 compared to the previous estimate and 76 in 2021/22) given the excellent condition of crops.

According to ICAR's forecast, the grain production in Russia will be 130.5 million tons in 2022, including a wheat production of 85 million tons (+9 compared to 2021/22).

As of 15.05.2022, 49% of the planned areas for corn have been sown in the United States (78% a year earlier and 67% on average for the last five years).

India banned wheat exports on Saturday. The ban does not apply to already agreed quantities of 4.3 million tons.