In the period from July 1 to November 19, 2023, the EU received 4.23 million tons of soybeans (compared to 4.19 the previous year), including 1.89 million tons from the United States, 1.73 million tons from Brazil, 286,000 tons from Ukraine, 141,000 tons from Canada, and 102,000 tons from Uruguay.
According to Oil World's estimate in October, the total export of soyoil from Argentina, Brazil, Paraguay, the United States, and Ukraine reached 386,000 tons, which is the lowest level in the last 10 years (compared to 559,000 in September and 466,000 in October 2022).
In their November report, Stratégie Grains forecasts corn production in the EU for 2023/24 to reach 61 million tons (+0.4 compared to the previous estimate and 52.4 in 2022/23).
According to Conab data as of November 11, 2023, 46% of the planned areas for the first corn crop in Brazil have been planted (+6% for the week and 54% year-on-year).
According to the French Ministry of Agriculture's estimate, the sunseed production in the country will reach 2.1 million tons in 2023/24, the highest level since 1990 (+19% compared to 2022/23).
According to the forecast by Rusagrotrans, wheat exports from Russia in November are expected to be 4.6–4.7 million tons (compared to 5.05 million tons in October and 4.74 million tons in November 2022).
Conab forecasts that in 2023/24, corn production in Brazil will be 119.1 million tons (-0.3 compared to the previous estimate and -13 compared to 2022/23).
