Grain Highlights 26.01.2023

IKAR estimates the need to resow areas with winter crops in Russia in the spring of 2023 in the amount of 1 million hectares (0.8 – 0.85 in the previous estimate).

Grain Highlights 25.01.2023

According to data from S&P Global Commodity Insights, wheat areas in the United States will be 20.2 million hectares in 2023/24 (+9% compared to 2022/23).

Grain Highlights 24.01.2023

Over the period January 1-22, 2.8 million tons of grain were exported from Russia (+170% compared to the previous year), including wheat exports of 2,473 million tons (1,253).

Grain Highlights 23.01.2023

According to data from Oil World, over the period of October - December 2022, soybean processing in the world was 79.5 million tons (-1.2 compared to the previous year).

Grain Highlights 20.01.2023

According to a study by Farm Futures, wheat areas in the United States will be 19.8 million hectares in 2023 (+1.3 compared to 2022), including winter wheat areas of 14.1 million hectares (+0.9) and spring wheat areas of 5.6 million hectares.

Grain Highlights 19.01.2023

According to a forecast by Refinitiv Commodities Research, the corn production in Brazil will reach 127.5 million tons in 2022/23 (+1% compared to the previous estimate and 113.1 million tons in 2021/22).

Grain Highlights 18.01.2023

According to preliminary data of the tender held today, Algeria has purchased 570,000 tons of wheat at a price of 334.5 USD/ton C&F and delivery in March.

Grain Highlights 17.01.2023

IKAR has raised its forecast for the wheat exports from Russia in 2022/23 from 44 million tons to 45.5 million tons. The estimate for grain exports has been increased from 53.5 million tons to 55.5 million tons.

Grain Highlights 16.01.2023

According to SovEcon's forecast, the ending wheat stocks in Russia will reach a record 16.2 million tons in 2022/23 (6.7 in 2021/22 and 9.3 million tons on average for the last five years).