According to SovEcon's estimate for April, Russia is expected to export a record 4.6 million tons of wheat, compared to 4.4 million tons in April 2023 and an average of 2.9 million tons in previous years.
According to the FAS USDA forecast for 2024/25, wheat production in Pakistan will reach a record 28.8 million tons /28.2 in 2023/24 and 26.2 in 2022/23/.
SovEcon has lowered their forecast for the wheat production in Russia for 2024/25 by 1 million tons to 93 million tons, marking the first reduction for the season.
According to the forecast by UkrOliyaProm for 2024/25, the production of main oilseeds in Ukraine will be 21 million tons /-3% compared to 2023/2014 – 21.668/.
