Yesterday, CBOT SRW wheat and corn futures prices fell and soybean futures prices rose. In Paris, wheat and rapeseed prices rose and the price of the new corn crop decreased.
As of 05.07.2021, about 1 million hectares of cereals have been harvested in Russia, 2.7 million tons of grain have been harvested at an average yield of 3.64 tons/hectare (3.13 tons/hectare in 2020).
39 vessels are lined up to load corn at Brazilian ports this month, down from 85 in the same period a year ago, according to the logistics agency Cargonave, i.e. 2.5 million tons now and 5 million tons a year earlier.
Today, July 05, 2021, the Egyptian state-owned company GASC purchased 240,000 tons of wheat from Romania and Russia with delivery within September 1 - September 15, 2021.
Over the previous week, CBOT SRW wheat, corn and soybean futures prices have risen sharply. In Paris, wheat and corn futures prices rose moderately and rapeseed futures prices increased significantly.
According to data from the Ministry of Agriculture of Bulgaria, the wheat production in the country will be 5.7 - 5.8 million tons in 2021 compared to 4.7 million tons in 2020.
