The Ministry of Agriculture of India raised its forecast for the wheat production in the country from 106.41 million tons to 106.84 million tons (109.59 last season).
According to data from the European Commission, 3.57 million tons of wheat were exported from the EU over the period of 01.07 - 14.08.2022 (3.14 a year earlier).
IKAR expects a grain production in Russia in 2022 of 145 million tons, which is a record for the country. The wheat production is projected to reach 95 million tons.
Strategie Grains have lowered their forecast for the EU corn production in 2022/23 to 55.4 million tons (-10 compared to the previous estimate and -14.4 compared to 2021/22).
The buyer of the first ship that left a Ukrainian port days ago, loaded with 26,000 tons of corn, has refused the purchase due to the long delay. Now the cargo is looking for a new buyer.
IKAR raised its forecast for the Russian wheat production in 2022 by 3 million tons to 95 million tons. The barley production will reach 21.5 million tons (20).
