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.
According to the forecast of SovEcon, the wheat production in Russia will reach 87.4 million tons in 2022 (86.5 in the previous estimate), which will be a new record for the country.
According to the forecast of Refinitiv, the corn production in the EU is expected to reach 68.9 million tons in 2022/23 (68.9 in the previous estimate and -6.6 compared to 2021/22).
According to USDA data, as of April 17, 2022, 8% of the areas planned for spring wheat have been sown in the United States (18% a year earlier and 9% on average for the last five years).
As of 15.04.2022 the sowing campaign of spring crops in Ukraine reached 1.936 million hectares (11.4% of the plan), including spring cereals areas of 1.239 million hectares (16.6%).
According to FAS USDA data, the soybean production in Brazil will reach a record 139 million tons in 2022/23 (+11.2 compared to 2021/22). The export potential is expected to reach 87 million tonnes (77).
