According to the forecast of APC - Inform, the total grain production in Ukraine will reach 73.8 million tons in 2021/22 (+13% compared to 2020/21), including wheat - 27.5 million tons (+10%); barley - 8 million tons (+2%); corn - 35.7 million tons (+19%).
According to USDA data, as of 01.03.2021, #wheat stocks in the US were 35.7 million tons, which is +3.3% more than expected and 7.2% less than 01.03.2020.
During the week of March 22-28, 180,780 tons of grains were exported from the Russian port of Novorossiysk, which is 4.1 times more than the previous week and 38% less than the previous year.
According to IHS Markit Agribusiness, corn areas in the United States will reach 38.2 million hectares in 2021/22, which is 1.4 million hectares more than the previous year.