In their July report, analysts from the IGC increased the forecast for the world's corn production in 2021/22 to a record 1,202 million tons (1,201 in June and 1,127 in 2020/21).
CBOT SRW wheat, corn and soybeans futures prices continued to rise yesterday. In Paris, wheat, corn and rapeseed futures prices have also increased sharply.
Yesterday, CBOT SRW wheat futures prices rose significantly and Chicago corn and soybean futures prices rose slightly. In Paris, wheat, corn and rapeseed futures prices increased significantly.
According to Rusagrotrans forecast, grain exports from Russia will reach 4.6 - 5 million tons in August compared to 2.3 - 2.4 million tons in July and 5.74 million tons in August 2020.
On July 26, 2021, the Argentine government declared a state of emergency due to the extremely low level of the main waterway in the country - the Parana River. The level is at a 77-year low.
