Algeria has announced a tender for the purchase of at least 50,000 tons of durum wheat with delivery within 16.05 - 30.06.2022. Algeria's wheat stocks are enough to meet domestic demand for 8 months.
According to the forecast of SovEcon, the wheat production in Russia will reach 87.4 million tons in 2022 (86.5 in the previous estimate), which will be a new record for the country.
According to the forecast of Refinitiv, the corn production in the EU is expected to reach 68.9 million tons in 2022/23 (68.9 in the previous estimate and -6.6 compared to 2021/22).
According to USDA data, as of April 17, 2022, 8% of the areas planned for spring wheat have been sown in the United States (18% a year earlier and 9% on average for the last five years).
As of 15.04.2022 the sowing campaign of spring crops in Ukraine reached 1.936 million hectares (11.4% of the plan), including spring cereals areas of 1.239 million hectares (16.6%).
According to FAS USDA data, the soybean production in Brazil will reach a record 139 million tons in 2022/23 (+11.2 compared to 2021/22). The export potential is expected to reach 87 million tonnes (77).
Algeria has announced a tender for the purchase of at least 50,000 tons of milled wheat. Offers are accepted until 12.04.2022. Delivery will take place within May - June.
According to the forecast of the Ukrainian Grain Association, the grain production in Ukraine will reach 63 million tons in 2022, including wheat production of 18.2 million tons (33 in 2021).
