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Corn and soybean production is up from September 2021, according to the Crop Production report issued today by USDA’s National Agricultural Statistics Service (NASS). Corn production is up 3% from last year, forecast at 15.0 billion bushels; soybean growers are expected to increase their production 5% from 2020, forecast at 4.45 billion bushels. Planted and […]

Russia and Ukraine wheat pruductions are substantially unchanged respectively at 72.5 mmt and 33 mmt. Kazakhstan wheat production for marketing year 2021/22, is forecast at 12.0 million metric tons (mmt), down 4 percent from last month and down 16 percent from last year. Yield is estimated at 0.94 tons per hectare, down 4 percent from

Per latest data released in today’s USDA WASDE report, Canada wheat production was revised down on expected increase in spring wheat abandonment. USDA, indde, estimates Canada wheat production for marketing year (MY) 2021/22 at 21.0 million metric tons (mmt), down 2.0 mmt (9 percent) from last month, 14.2 mmt (40 percent) from last year, and

According to the US Department of Agriculture, the outlook for 2021/22 U.S. wheat this month is for reduced supplies, lower domestic use, unchanged exports, and decreased ending stocks. Imports were down 10 million bushels, to 125 million on the import pace. Annual feed and residual use is lowered 25 million bushels to 135 million despite

EU Oilseeds Exports/Imports update

EU Grain Exports/Imports Update

The lowest offer into today’s international wheat tender lunched by Egypt ‘s state commodities buyer GASC, was believed to be $325.25 a tonne FOB. The wheat was sourced from Ukraine and the offer was submitted by trading house Olam for 60,000 tonnes. The shipment is request between Nov. 23 and Dec. 3. Payment at 180

According to the French farm ministry, corn harvest estimate was revised up. In fact, the ministry pegged this year’s grain maize crop, harvesting of which is in progress, at 13.9 million tonnes this month, up from its previous forecast of 13 million tonnes and 4.3% bigger than last year’s harvest. On the other hand ,the

US farm markets, were mixed but mostly lower to start the week. Traders, indeed, finished to square their positions ahead of today’s WASDE report released by the USDA. Consequentially, corn prices were up around 0,47%. Soybeans, meantime, eroded more than 1% lower, incurring in double-digit losses. Winter wheat contracts were all down around 0.25%. October spring