As of 05.07.2021, about 1 million hectares of cereals have been harvested in Russia, 2.7 million tons of grain have been harvested at an average yield of 3.64 tons/hectare (3.13 tons/hectare in 2020).
39 vessels are lined up to load corn at Brazilian ports this month, down from 85 in the same period a year ago, according to the logistics agency Cargonave, i.e. 2.5 million tons now and 5 million tons a year earlier.
Today, July 05, 2021, the Egyptian state-owned company GASC purchased 240,000 tons of wheat from Romania and Russia with delivery within September 1 - September 15, 2021.
Over the previous week, CBOT SRW wheat, corn and soybean futures prices have risen sharply. In Paris, wheat and corn futures prices rose moderately and rapeseed futures prices increased significantly.
According to data from the Ministry of Agriculture of Bulgaria, the wheat production in the country will be 5.7 - 5.8 million tons in 2021 compared to 4.7 million tons in 2020.
Yesterday, CBOT SRW wheat futures prices fell significantly, soybean futures prices also decreased and corn futures prices remained almost unchanged. In Paris, wheat futures prices fell and corn and rapeseed futures prices rose.
According to the forecast of APC - Inform, grain exports from Ukraine will reach a total of 54 million tons in 2021/22, which is 20% more than 2020/21, including wheat exports of 19.8 million tons (+18%), barley exports of 4.2 million tons (+0%) and corn exports which are expected to grow by 26%.
