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Grain Highlights 16.02.2024

According to Rusagrotrans, the grain production in Russia for 2024 is forecasted to be 140 million tons (optimistic estimate: 144 million tons), including wheat production of 92 million tons (96.3 million tons).

Grain Highlights 15.02.2024

According to the latest forecast by SovEcon, the wheat production in Russia is expected to reach 93.6 million tons in 2024/25 (compared to 92.8 million in 2023).

Grain Highlights 15.02.2024

Exporters of sunseed oil from the Black Sea region are forced to seek other markets after India increased its purchases of the product from Argentina due to cheaper transportation.

Grain Highlights 13.02.2024

According to data from the Grain Exchange in Rosario, considering the heat and drought over the past two weeks in Argentina, soybean crops have died on approximately 100,000 hectares.

Grain Highlights 12.02.2024

The Russian Ministry of Agriculture has proposed to increase the export quota for Russian grain valid for the period from February 15 to June 30, 2024, by 4 million tons to a total of 28 million tons.

Grain Highlights 09.02.2024

According to the assessment by the Canadian Grain Commission from the beginning of the 2023/24 season until February 4, 2024, Canada has exported 12.5 million tons of wheat, which is 4% less than the previous season.

Grain Highlights 08.02.2024

According to Carganave's forecast, 10 million tons of soybeans are expected to be exported from Brazil in February, which is significantly higher than the volumes exported in January and February 2023.

Grain Highlights 07.02.2024

According to Abiove's forecast for the 2023/24 season, the soybean production in Brazil is expected to be 156.1 million tons, which is a decrease of 4.2% compared to the previous estimate and 154.6 million tons compared to the 2022/23 season.

Grain Highlights 06.02.2024

The European Commission has stated that, considering the farmers' protests, the draft law limiting pesticide use will be reconsidered.