SovEcon raised its forecast for the wheat production in Russia in 2021 once again to 80.7 million tons, which is 1.4 million tons more than in March and 4.5 million tons more than in February.
Conab has raised its forecast for the corn production in Brazil in 2020/21 to a record 108.9 million tons from 108.1 million tons in the March estimate.
Tunisia has bought 75,000 tons of wheat 11.5%, most likely from Bulgaria, at a price in the range of 259.82 - 262.42 USD/ton C&F and delivery within 25.05 - 25.06.2021.
According to the forecast of the USDA attaché in Brazil, soybean areas in the country will reach 40 million hectares in 2021/22 compared to 38.5 million hectares in 2020/21.
According to a forecast of Strategie Grains, rapeseed production in the EU will reach 16.8 million tons in 2021 compared to 17.05 million tons in the previous estimate and 16.25 million tons in 2020.
According to the forecast of APC - Inform, the total grain production in Ukraine will reach 73.8 million tons in 2021/22 (+13% compared to 2020/21), including wheat - 27.5 million tons (+10%); barley - 8 million tons (+2%); corn - 35.7 million tons (+19%).
According to USDA data, as of 01.03.2021, #wheat stocks in the US were 35.7 million tons, which is +3.3% more than expected and 7.2% less than 01.03.2020.