According to a forecast by Rusagrotrans, the grain production in Russia will be 153 million tons in 2022 (+17.5 compared to the record from 2017), including a record corn production of 16 million tons, a record wheat production of 100 million tons and a barley production of 23.1 million tons.
According to Anec's forecast, the export of corn from Brazil in September will be 7.618 million tons (-0.2 compared to the previous estimate and 6.9 million tons in August and 2.5 million tons in September 2021).
In August, China imported 1.8 million tons of corn (-44% compared to August 2021), 530,000 tons of wheat (-25%), 250,000 tons of barley (-64%) and 670,000 tons of sorghum (-18%).
In the past two weeks, Chinese traders have bought about 30 carloads of soybeans from Argentina. Argentinian soybean prices are very competitive and demand from China is gradually increasing.
