According to the forecast of the Russian Grains Union, the wheat production in the country will be 87 million tons in 2022, which is above the current record of 86 million tons set back in 2017.
According to Anec's forecast, 8 million tons of soybeans will be exported from Brazil in May, which is 3.3 million tons less than in April and 43% less than in May 2021 (14.22 million tons).
According to APC-Inform, grain and oil stocks in Ukraine are expected at 25.1 million tons at the end of 2021/22, which is 4.2 times more than 2020/21.
Strategie Grains raised its forecast for the 2022/23 sunseed production in the EU to 10.66 million tons (10.2 in the previous estimate and +2.9% compared to 2021/22).
According to the meteorological service EarthDaily Agro, April turned out to be the driest month for the Brazilian state of Mato Grosso in the last 17 years.
Wheat areas in Canada will increase by 7.2% to 10.1 million hectares in 2022, and rapeseed areas will decrease by 7% to 8.5 million hectares according to the forecast of the Statistical Office of Canada.
Algeria has announced a tender for the purchase of at least 50,000 tons of durum wheat with delivery within 16.05 - 30.06.2022. Algeria's wheat stocks are enough to meet domestic demand for 8 months.
