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).
According to Russagrotrans' forecast, corn production in Russia in 2023/24 will reach 16 million tons (an increase of 0.6 million compared to the previous estimate). Wheat production is projected at 92.55 million tons (a decrease of 0.3 million), and barley production is estimated at 20.94 million tons (a decrease of 0.2 million).
According to data from Anec, during the week of September 24 - 30, Brazilian ports exported 1.93 million tons of soybeans, and for the entire month of September, the total reached 6.23 million tons (compared to 7.61 million in August and 3.59 million in September 2022).
From the start of the season until October 1, 2023, the EU has exported 7.39 million tons of soft wheat (9.77 million tons the previous year), with the largest exporters being Romania with 2.03 million tons, Poland with 1.45 million tons, France with 1.29 million tons, Bulgaria with 937,000 tons, and Germany with 677,000 tons.
According to the latest StoneX forecast, the corn production in the United States in 2023/24 will reach 386.1 million tons (+2.5 compared to the previous estimate and 348.4 in 2022/23).
