Safras & Mercado have raised their forecast for the corn production in Brazil in 2021/22 to 118.16 million tons from 115.68 million tons in the February estimate and 91.47 million tons in 2020/21.
According to the forecast of Oil World, world's sunseed crush is expected to reach 48 million tons in 2021/22, which is 3 million tons less than the previous estimate.
According to USDA data, as of March 27, 2022, 32% of winter durum wheat crops in Kansas are in good and excellent condition (25% a week earlier), 7% in Texas (6%), 18% in Oklahoma. 21%) and 11% in Colorado (19%).
IHS Markit has lowered its forecast for corn areas in the United States in 2022 by 70,000 acres compared to January to 91.4 million acres, which is 1.9 million acres below the level of 2021.
According to the latest forecast of the Buenos Aires Grain Exchange, the corn production in Argentina will reach 49 million tons in 2022, which is 6 million tons less than in 2021. The corn production estimate was 51 million tons in February.
