Grain Highlights 12.10.2023

According to the Rosario Grain Exchange's forecast, wheat production in Argentina for 2023/24 is expected to reach 14.3 million tons (a decrease of 0.7 million tons from the previous estimate and 11.5 million tons).

Stratégie Grains has increased its forecast for corn production in the EU in 2023/24 by 1 million tons to 60.6 million tons (compared to 52.4 million tons in 2022/23). Soft wheat production is projected to reach 125.6 million tons (+0.6 million tons compared to 125.5 million tons), while barley production is expected to be 47.2 million tons (-0.2 million tons compared to 51.4 million tons).

According to the Rosario Grain Exchange's forecast, wheat production in Argentina for 2023/24 is expected to reach 14.3 million tons (a decrease of 0.7 million tons from the previous estimate and 11.5 million tons). Soybean production is forecasted to be 50 million tons (+30 million tons compared to 2022/23).

Tunisia has announced a tender to purchase 75,000 tons of durum wheat with unspecified origin and delivery in November.