Grain Highlights

Grain Highlights 09.03.2023

According to a forecast of the Rosario Grain Exchange, the soybean production in Argentina is projected to reach 27 million tons in 2022/23 (-7.5 compared to the previous estimate), which is 45% below initial expectations and the lowest level for the last 15 years.

Grain Highlights 08.03.2023

According to ABARES forecast, the wheat production in Australia is projected to reach 28.2 million tons in 2023/24 (-28% compared to 2022/23).

Grain Highlights 07.03.2023

As of 03/04/2023, 63.6% of the planned areas for the second corn crop have been sown in Brazil (74.8% a year earlier).

Grain Highlights 06.03.2023

According to forecasts of Russian analysts, the wheat production in Russia will reach 80-86 million tons in 2023 , barley production will be around 20 million tons and corn production will be within 14-15 million tons. The total grain production is projected at 125-131.5 million tons.

Grain Highlights 03.03.2023

According to data from FranceAgriMer, as of 27.02.2023, 95% of the winter wheat crops in France are in good and excellent condition (93% a week earlier), as well as 92% of the durum crops (91%).

Grain Highlights 01.03.2023

Turkey has canceled a tender to buy 48,000 tons of unrefined sunseed oil due to high prices. Offers were in the range of 1,159 – 1,173.8 USD/ton C&F.

Grain Highlights 28.02.2023

Turkey has bought 300,000 tons of milling wheat with 12.5% protein from Russia with delivery within March – April and prices of 308.1 – 310.9 USD/ton C&F.

Grain Highlights 27.02.2023

Stratégie Grains has raised its forecast for the 2023/24 EU rapeseed production by 100,000 tons to 19.6 million tons (19.5 in 2022/23).

Grain Highlights 24.02.2023

Egypt's state company GASC has purchased 79,000 tons of soybean and sunseed oils. 27,000 tons of sunseed oil have been bought at a price of 1,170 USD/ton C&F.