Analysts from AgRural have lowered their forecast for the soybean production in Brazil in 2021/22 to 128.5 million tons (133.4 in the previous estimate and 144.7 at the beginning of the season).
According to the Russian Ministry of Agriculture, wheat areas will reach 29.535 million hectares, which will be 818.1 thousand hectares more than the previous season.
Deral lowered its forecast for soybean production in the Brazilian state of Paraná to 12.83 million tons (-35% compared to 2020/21 and 13.1 in the estimate from the beginning of January).
According to the forecast of HIS Markit, corn areas in the United States will be 89 million acres in 2022 (91.49 in the December estimate and -1.87 compared to 2021).
According to data from the European Commission, as of January 23, 2022, 15.62 million tons of wheat were exported from the EU (15.04 years earlier and 17.21 in 219/20).