Grain Highlights 30.03.2022

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.

- From the beginning of the season until March 27, 2022, 19.87 million tons of soft wheat were exported from the EU (20.48 years earlier). Barley exports reached 5.79 million tons (6.01).

- Yesterday, commodity funds in Chicago were net sellers of 17,500 contracts of corn, 10,000 contracts of wheat and 15,000 contracts of wheat.

- According to Conab, as of March 26, 2022, 76% of the soybean areas in Brazil have been harvested (+5% for the week and 70% for the year before). 98% of the planned areas (+3% and 92%) have been sown with second corn crop.

- Jordan bought 60,000 tons of barley at a price of 395 USD/ton C&F and delivery in July.

- Tunisia has announced a tender for the purchase of 100,000 tons of barley with delivery within April - June.

- 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. Processing in Ukraine was reduced by 3.4 million tons. Over the period of March - May, sunseed crush in Ukraine will be 1.4 - 1.5 million tons (3.4 years earlier), and in June - August 3.5 million tons. During the season, world's sunnsed oil production decreased by 2 million tons, and sunseed meal production decreased by 1.2 million tons.