- The European Commission will impose an import tax on grain imports from Russia and Belarus at 95 EUR/ton.

- According to AHDB's forecast for 2024, wheat areas in the UK will be 1.5 million hectares (-15% compared to 2023), which will be the minimum level for the last four years. Winter barley areas will be 355,000 hectares (-22%), spring barley areas will reach 881,000 hectares (+29%), rapeseed areas will be 280,000 hectares (-28%).

- According to MDIC data, from March 11th to 17th, Brazil exported 54,100 tons of corn (-68.8% compared to the previous week). Soybean exports were 2.7 million tons (3.6). According to Anec, in March, Brazil's corn exports will reach 146,600 tons (713,700 in February and 780,100 in March 2023), and soybean exports are expected at 12.9 – 14.5 million tons.

- China's Customs Service reports that from January to February, the country imported 6.19 million tons of corn (+16.1% compared to the previous year). During the period, wheat shipments were 2.51 million tons (-16.9%), soybean shipments were 13.04 million tons (-8.8%), 1.21 million tons of vegetable oils (-12.4%), including 390,000 tons of palm oil (-37.1%).

- Analysts expect palm oil prices in Malaysia to decrease by 6 – 12% in April. This is due to large soybean shipments from South America and increasing production in Malaysia. An increase in reserves is also expected in April-May. In 2024, global palm oil production will increase by only 0.11%, soyoil production is expected to increase by +2.88%, rapeseed oil is projected to go up by +3.48% and sunseed oil is forecasted to increase by +3.94%.

- In 2023/24, wheat production in Saudi Arabia will be 1.2 million tons (1.18 in 2022/23). Imports during the season will reach 4.8 million tons (4.63).

- Jordan has announced a tender to purchase 120,000 tons of wheat of arbitrary origin with deliveries within June – July.