According to the forecast of the FAS USDA, the wheat production in Australia will reach 31.5 million tons in 2021/22, which is 30% more than the average level for the last 10 years.
According to the General Administration of Customs of China, 3.5 million tons of corn were imported into the country in September, which is 3 times more than in September 2020.
According to SovEcon's forecast, the wheat production in Russia will reach 80.7 million tons in 2022, given the good conditions for the development of wheat after the sowing campaign.
According to Anec's forecast, exports of soybeans from Brazil will reach 3 million tons in October (+0.3 million tons compared to the previous estimate) and corn exports are projected to reach 2 million tons (+0.6).
According to the Solvent Extractors Association of India, the import of vegetable oils in the country reached 1.69 million tons in September (1.01 in August and 1.04 in September 2020).
In their October report, analysts from the USDA lowered the world's wheat production estimate to 775.8 million tons for 2021/22 (780.2 in September and 774.7 in 2020/21).
