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Grain Highlights 07.02.2024

According to Abiove's forecast for the 2023/24 season, the soybean production in Brazil is expected to be 156.1 million tons, which is a decrease of 4.2% compared to the previous estimate and 154.6 million tons compared to the 2022/23 season.

Grain Highlights 06.02.2024

The European Commission has stated that, considering the farmers' protests, the draft law limiting pesticide use will be reconsidered.

Grain Highlights 02.02.2024

According to data from the Ukrainian Agrarian Club, Ukraine exported 6.72 million tons of grain and oilseeds and related products in January.

Grain Highlights 01.02.2024

According to USDA data as of January 28, 2024, 54% of winter wheat crops in Kansas are in good or excellent condition, showing an increase of 11% compared to December and a 21% improvement from the same period last year.

Grain Highlights 31.01.2024

On January 30, 2024, soyoil futures on the Dalian Commodity Exchange (May contract) decreased by 3.8% to 1,003.79 USD/ton, reaching the lowest level in the last 7 months.

Grain Highlights 30.01.2024

According to the assessment of the Egyptian government, deliveries of Russian wheat to the country reached 7.5 million tons in 2023, compared to 5.4 million tons five years earlier.

Grain Highlights 29.01.2024

According to data from Rusagrotrans, approximately 3.7 million tons of wheat will be exported from Russia in January (compared to 4.26 million tons in January 2023).

Grain Highlights 26.01.2024

The government of Turkey has decided to reduce the import tax on sunflower seeds from 27% to 12% and on sunseed oil from 36% to 22%.