Grain Highlights

Grain Highlights 09.06.2021

On 08.06.2021, Algeria purchased 480,000 tons of soft milling wheat of any origin at a price of 297.5 - 298 USD/ton and delivery within July - August.

Grain Highlights 08.06.2021

Over the past week, the FOB price of rapeseed with delivery within July - August in Ukraine has risen by 20 - 30 USD/ton to 650 - 660 USD/ton.

Grain Highlights 07.06.2021

On 07.06.2021, ICAR raised its forecast for the wheat production in Russia in 2021 by 0.5 million tons to 80 million tons.

Grain Highlights 04.06.2021

According to Oil World's forecast, global biodiesel production will increase by 2.1 million tons to 48.86 million tons in 2021 due to growth in production in the United States, Indonesia, China and Brazil.

Grain Highlights 03.06.2021

India is likely to reduce import taxes on veg oils given that domestic production prices have reached record high levels.

Grain Highlights 02.06.2021

AgRural lowered its forecast for the second corn crop in Brazil by 5 million tons to 60 million tons, which is 17 million tons less than the initial estimate for the season.

Grain Highlights 01.06.2021

According to the forecast of Safras & Mercado, the corn production in Brazil will reach 95.24 million tons in 2021 compared to 106.83 million tons in 2020.

Grain Highlights 31.05.2021

Over the period of June 2-8, the export taxes in Russia will be 28.1 USD/ton for wheat, 39.6 USD/ton for barley and 52.2 USD/ton for corn.

Grain Highlights 28.05.2021

In their May forecast, IGC analysts lowered their forecast for the world's ending wheat stocks in 2021/22 to 287.9 million tons from 298.1 million tons in the estimate from the previous month and 284.4 million tons a year earlier.