- According to Rosstat data, the grain production in Russia was 121.4 million tons in 2021 (-9% compared to 2020), including wheat production of 76 million tons (85.9).

- Stratégie Grains has raised its forecast for wheat production in the EU in 2022/23 by 0.3 million tons to 128 million tons (-1.6 compared to 2021/22). The barley production are expected to reach 51.9 million tons (+0.3) and the corn production is estimated at 66.8 million tons (+0.4).

- In their February report, analysts from the Ministry of Agriculture of France have lowered their estimate for the winter wheat areas in the country in 2022 to 4.75 million hectares (4.92 in December and 4.96 in 2020/21). Barley areas will be 1.25 million hectares (1.23 and +4.6%) and winter rape areas are projected to reach 1.16 million hectares (1.1 and +18%).

- Yesterday, commodity funds in Chicago were net buyers of 15,000 contracts of corn, 12,000 contracts of soybeans and 4,000 contracts of wheat.

- According to Anec's forecast, soybean exports from Brazil will be 7.5 million tons in February, which is a record for this month of the year (2.3 in January 2021). Exports of soymeal will be 1.89 million tons (+0.3 and +1) and corn exports are estimated at 521,200 tons (2.22 in January).

- At the end of January, palm oil stocks in Malaysia were 1.55 million tons (-3.85 compared to December), the lowest level since July 2021. Palm oil production during the month reached 1.25 million tons (-13.5%) - lowest level since February 2021. Palm oil exports were 1.16 million tons (-18.67%).

- CNGOIC forecasts soybean imports in China in 2021/22 of 100 million tons, which is 1 million tons below the previous estimate (99.8 in 2020/21). China's domestic soybean consumption will be 116.2 million tons (117.2 in 2020/21). Soymeal production in China will reach 78 million tons (-0.6), which is mainly driven by the decline in feed consumption to 75.4 million tons.