As of November 1, 2023, in Russia, 140.6 million tons of grain have been harvested, which is 8% less than the previous year. Harvesting has been completed on 94% of the total crop areas. The harvested sunseed reaches 14.5 million tons (+28%) with 79% of the areas harvested.

In the 2023/24 season, Russia's flour exports are expected to exceed 1 million tons for the first time in history (881,000 tons in 2022/23).

According to the November report from Stratégie Grains, the corn production in the EU for 2023/24 is forecasted at 61 million tons (+0.4 compared to the previous estimate and 52.4 in 2022/23). Heavy and prolonged rainfall in parts of Western Europe has hindered the sowing of winter crops for the 2024/25 season, with a particularly worrisome situation in Western France. Wheat areas for 2024/25 in France have been reduced by 0.3 million hectares.

According to NOPA data, soybean processing in the United States reached a record 5.16 million tons in October (4.50 in September and 5.02 in October 2022). The previous record was set in December 2021 at 5.07 million tons.

Refinitiv Commodities Research forecasts a soybean production of 159.3 million tons in Brazil for 2023/24 (-4.1 compared to the previous estimate and 154.6 in 2022/23). The corn production is projected to reach 121.3 million tons (-3.9 and 131.8).

According to data from the Ministry of Agriculture of Argentina as of November 8, 2023, farmers in the country have sold 37.1 million tons of soybeans from the 2021/22 crop (41.6 a year earlier), 16 million tons from the 2022/23 crop (31.8), and 1.5 million tons from the 2023/24 crop (1.9). 49.7 million tons of corn from the 2021/22 crop was sold (50.6), as well as 26.9 million tons of the 2022/23 crop (42), and 3.8 million tons of the 2023/24 crop (6.3).

According to data from the Rosario Grain Exchange, recent rainfall in Argentina and the forecast for more create conditions for improving the state of corn in the country. The forecast for the corn production is 56 million tons, and the forecast for the soybean production is at 50 million tons.

Tunisia will hold a tender to purchase 25,000 tons of hard wheat for delivery in December. As of November 14, 2023, 50,000 tons of hard wheat have been purchased with delivery within November - December.