Cereale

Grain Highlights 19.12.2022

According to a forecast by Strategie Grains, the soft wheat production in the EU will reach 128.7 million tons in 2023(125.5 in 2021/22). Corn production is projected at 63.7 million tons (50.5) and EU barley production is estimated at 52.5 million tons (51.3).

Grain Highlights 17.12.2022

According to a StoneX forecast, the drought in the Brazilian state of Rio Grande do Sul will reduce the first corn production to 4.51 million tons (5.38 in the preliminary estimate and 2.56 last season).

Grain Highlights 15.12.2022

Algeria has bought 520,000 tons of wheat at prices of 348 – 349 USD/ton C&F and delivery in February 2023. Most likely it will come from the EU.

Grain Highlights 14.12.2022

Wheat stocks in the state warehouses of India at the beginning of December reached the lowest level for the last 6 years – 19 million tons (37.85 a year earlier).

Grain Highlights 13.12.2022

According to data from the Ministry of Industry of Brazil, over the period of December 1-11, the country's corn exports reached 1.5 million tons, with a forecast for the entire month of 5.4 million tons.

Grain Highlights 12.12.2022

Over the January-November period, grain imports into China decreased by 11.8% compared to the previous year to 133.2 million tons.

Grain Highlights 09.12.2022

The state company of Egypt GASC has purchased through direct negotiations 260,00 tons of Russian wheat with delivery within 25.12 - 28.02.2022 at an average price of 354 USD/ton C&F (361 on the previous purchase).

Grain Highlights 08.12.2022

The Buenos Aires Grain Exchange reports that as of 07.12.2022, only 37.1% of the planned soybean areas have been sown in Argentina (+8% for the week and -20% compared to 2021).

Grain Highlights 06.12.2022

In November, 6.1 million tons of corn were exported from Brazil, which is a historical record for the country for November.