According to a StoneX forecast, Brazil's soybean production in 2024/25 will be 165 million tons, setting a new record for the country (149 million tons in 2023/24).
According to a forecast by Rusagrotrans, wheat exports from Russia in August will be 4 – 4.5 million tons (5.4 million in August 2023 and an average of 4.9 million in recent years).
The Ukrainian Grain Association has lowered its forecast for Ukraine's 2024 grain and oilseed production to 71.8 million tons (-2.8 compared to the previous estimate and 82.8 in 2023/24).