Grain Highlights 11.06.2024

In 2024, Russia's sunseed production is projected to reach 15.8 million tons (compared to 17.25 million in 2023). Soybean production will reach 7.2 million tons (6.824 million), and rapeseed production is forecasted at 4.3 million tons (4.203 million).

Grain Highlights 09.06.2024

The government of Turkey is banning wheat imports into the country from June 21 to October 15, 2024. This measure is due to the significant domestic reserves, which have reached 9 million tons.

Grain Highlights 06.06.2024

SovEcon has lowered its forecast for the 2024/25 wheat production in Russia to 80.7 million tons (82.1 in the previous estimate 10 days ago).

Grain Highlights 05.06.2024

StoneX has lowered its forecast for the 2023/24 corn production in Brazil to 121.75 million tons (from 125.6 in the previous estimate), with the reduction attributed to the second corn production.

Grain Highlights 04.06.2024

According to Abares, the wheat production in Australia will reach 29.1 million tons in 2024/25 (+12% compared to 2023/24), barley production is expected at 11.5 million tons (+7%), and canola production is estimated at 5.4 million tons (-5%).

Grain Highlights 03.06.2024

The Russian Grain Union has lowered its forecast for the 2024/25 grain production in Russia to 130.9 million tons (down from 134.2 million tons in the previous estimate).

Grain Highlights 31.05.2024

The planting of wheat for the 2024/25 season in Argentina started two weeks late. As of May 30, 2024, 601,400 hectares have been sown (9.7% of the plan and 20.2% of the average for the last five years).