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).
Refinitiv Commodities Research forecasts the wheat production for the 2023/24 season in Australia to be 23.1 million tons (-1 compared to the previous forecast and -16.6 compared to 2022/23).
As of November 7, 2023, in Ukraine, 4.386 million hectares have been sown with grain crops, including 3.867 million hectares of wheat, 442,000 hectares of barley, and 76,000 hectares of rye.
