According to forecasts of Russian analysts, the wheat production in Russia will reach 80-86 million tons in 2023 , barley production will be around 20 million tons and corn production will be within 14-15 million tons. The total grain production is projected at 125-131.5 million tons.
According to data from FranceAgriMer, as of 27.02.2023, 95% of the winter wheat crops in France are in good and excellent condition (93% a week earlier), as well as 92% of the durum crops (91%).
Turkey has bought 300,000 tons of milling wheat with 12.5% protein from Russia with delivery within March – April and prices of 308.1 – 310.9 USD/ton C&F.
Egypt's state company GASC has purchased 79,000 tons of soybean and sunseed oils. 27,000 tons of sunseed oil have been bought at a price of 1,170 USD/ton C&F.
In Brazil, 61.1% of the production is transported by road, 20.7% by rail and 13.6% by barge. The cost of transportation from the central part of Moto Grosso to the port of Paranagua has been within the range of 1.74 - 1.92 USD/bushel until now.
Rusagrotrans has lowered its forecast for the grain production in Russia in 2023 to 125.4 million tons (127 in the previous estimate), including wheat production of 79.7 million tons (81.5).
Over the March-June period, the export of corn from Argentina will decrease by 40% to 8.7 million tons, according to the forecast of the Grain Exchange in Rosario.
