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Grain Highlights 16.08.2024

The IGC has lowered its forecast for Russia's grain production in 2024/25 to 119.4 million tons from 121.7 in the July estimate.

Grain Highlights 15.08.2024

The Rosario Grain Exchange forecasts the corn production in Argentina for 2023/24 at 49 million tons (47.5 in the previous estimate).

Grain Highlights 14.08.2024

Yesterday, Egypt attempted to purchase 3.8 million tons of wheat, taking advantage of low prices on international markets. In the end, only 280,000 tons were purchased.

Grain Highlights 13.08.2024

According to a StoneX forecast, Brazil's soybean production in 2024/25 will be 165 million tons, setting a new record for the country (149 million tons in 2023/24).

Grain Highlights 09.08.2024

SovEcon has lowered its forecast for Russia's wheat production in 2024/25 from 84.7 million tons to 82.9 million tons.

Grain Highlights 08.08.2024

According to a forecast by Ruseed, the sunseed production in Russia is expected to reach 15.6 million tons in 2024.

Grain Highlights 07.08.2024

On August 12, 2024, Egypt's state-owned company GASC will hold a tender to purchase 3.8 million tons of wheat with delivery between October and April.

Grain Highlights 06.08.2024

According to the latest forecast by Argus, in 2024/25, the wheat production in France will reach 25.2 million tons (-27% compared to 2023/24).

Grain Highlights 05.08.2024

In July, 3.6 million tons of wheat were exported from Russia (3.1 million average for the last five years), according to Rusagrotrans data.