- As of 01.09.2021, 33.4 million hectares of cereals were harvested in Russia and 90.9 million tons of grain were harvested at an average yield of 2.72 tons/hectare. 22 million hectares were harvested with wheat, 66 million tons of wheat were harvested at an average yield of 3 tons/hectare (3.4 years earlier). Barley was harvested on 6.7 million hectares, 16.4 million tons of barley were harvested at an average yield of 2.45 tons/hectare (2.84). 27.70 hectares were harvested with corn, 122,900 tons of corn were harvested at an average yield of 4.43 tons/hectare. 185,900 hectares were harvested with sunseed, 268,000 tons of sunseed were harvested at an average yield of 0.144 tons/hectare (0.152).
- The European Commission has lowered its forecast for the EU soft wheat production in 2021/22 to 127.2 million tons from 127.7 million tons in the previous estimate and 117.2 million tons in 2020/21. Exports are projected to reach 30 million tons (27.3 in 2020/21). The EU barley production is estimated at 52.9 million tons (52.6) and the corn production is predicted at 71 million tons (72.8). Corn imports in the new season are expected to reach 14.5 million tons (14). The rapeseed production estimate remained unchanged at 16.9 million tons, but the estimate for rapeseed imports fell to 5.7 million tons (6).
- According to the AHDB forecast, the wheat production in the UK will reach 13.3 million tons in 2021 (8.7 million tons in 2020 and +5% compared to the average for the last five years).
- Yesterday, commodity funds in Chicago were net sellers of 11,000 contracts of corn, 9,000 contracts of soybeans and 4,500 contracts of wheat.
- According to the forecast of StoneX Group, corn exports from Brazil will be 18 million tons in 2021 (-1 compared to the previous estimate and 30 in 2020). The second corn production is expected to reach 59.1 million tons (75.1) and the total corn production in Brazil is projected at 86.6 million tons (102.6).
- According to data from the Ministry of Agriculture of Argentina, Argentine farmers sold 568,600 tons of soybeans last week, and from the beginning of 2020/21 to 25.08.2021 - 28.5 million tons. A year earlier, sales were 30.3 million tons. Corn sales since the beginning of the season are 38.7 million tons (+3 million tons). Sales of wheat from the new harvest (harvest started in November) are already 5.7 million tons.
- Turkey has purchased 300,000 tons of wheat with a protein of 11.5% and a price of 327.90 - 336.69 USD/ton. Only 25,000 tons of wheat with a protein of 12.5% and a price of 341 USD/ton were purchased (prices are under C&F conditions).
- According to the forecast of Oil World, the sunseed production in Turkey will reach 1.8 million tons in 2021/22 (1.5 in 2020/21). Sunseed imports will be 1.02 million tons (0.85) and sunseed crush is projected to reach 2.6 million tons (2.27). In 2020/21, Turkey imported 162,000 tons of sunseed from Russia (583,000 in 2019/20), 159,000 tons from Moldova (111,000) and 315,000 tons from the EU (217,000).
- Egypt's state-owned company GASC has received offers to buy 30,000 tons of soyoil at prices within 1,242.36 - 1,332 USD/ton C&F.
- Algeria has purchased 390,000 - 400,000 tons of milling wheat of any origin.