The Romanian government is considering measures that would give local farmers preferential access to the port of Constanta, which would make it more difficult to export Ukrainian production.
SovEcon lowered its forecast for the 2023/24 grain production in Russia by 2.3 million tons to 134 million tons, including wheat production of 86.8 million tons (88), barley production of 19.9 million tons (20.8) and corn production of 14.6 million tons (14.8).
The Rosaro Grain Exchange lowered its forecast for the 2022/23 soybean production in Argentina by 1 million tons to 20.5 million tons. The harvesting campaign is coming to an end.
According to the latest data from the Buenos Aires Grain Exchange, as of 06/07/2023, 94% of the soybean areas in Argentina have been harvested (+7% for the week, 99% a year earlier and 98% on average for the last five years).
