As of November 7, 2023, in Ukraine, 4.386 million hectares have been sown with grain crops, including 3.867 million hectares of wheat, 442,000 hectares of barley, and 76,000 hectares of rye. In the last week, planting was carried out on 175,000 hectares. Rapeseed has been sown on 1.144 million hectares.

In 2023/24, the global production of durum wheat will be 31.3 million tons, which is 8% less than in 2022/23 and the lowest in the last 20 years.

Yesterday, Chicago commodity funds were net buyers of 1,500 corn contracts, 6,000 soybean contracts, and 1,250 wheat contracts.

As of November 5, 2023, in the United States, 91% of the soybean areas have been harvested (compared to 93% the previous year), and 81% of the corn areas have been harvested (compared to 85%). The winter wheat crop for 2024 has been sown on 90% of the planned areas (91%).

Following the recent rains in Brazil, the planting of the 2024 soybean crop is accelerating, with 48% of the planned areas planted as of November 4, 2023 (an increase of 8% from the previous week and 58% compared to the previous year). Farmers are focusing more on planting soybeans than on the first corn crop for 2024.

According to data from China's statistical office, 5.16 million tons of soybeans were imported in the country in October, which is 25% more than the previous year. In the first 10 months of the year, imports reached 82.42 million tons (an increase of 14.6%).

In 2022/23, Australia exported 47.81 million tons of grain (compared to 43.22 million tons in 2021/22). Wheat exports reached a record 31.77 million tons (an increase of 15.7%), with China being the largest buyer at 7.59 million tons. Barley exports were 7.08 million tons, including 1.83 million tons for Saudi Arabia. Canola exports reached a record 6.16 million tons, including 3.2 million tons for the EU, and sorghum exports were 2.81 million tons.

India's strategic efforts to stabilize domestic wheat prices include the sale of 10 million tons of wheat from state reserves until March 2024.

Syria has signed a contract to purchase approximately 1.4 million tons of wheat from Russia.

Saudi Arabia has purchased 710,000 tons of wheat from Saudi producers outside the country.