According to SovEkon, wheat exports from Russia will reach 36.3 million tons in 2020/21, which is 4.5 million tons less than the previous estimate of 40.8 million tons.
According to the forecast of the Buenos Aires Grain Exchange, the corn production in Argentina will reach 47 million tons in 2021, which is 4.5 million tons lower than in 2020.
Wheat harvest in Argentina is now 66% completed.
9.32 million tons of wheat have been harvested with an average yield of 2.31 t/ha. With this average yield, production is expected to reach 14.1 million tons, which is a catastrophically low level.
