According to Rusagrotrans data, 4.3 million tons of wheat were exported from Russia in May (1.35 in May 2022). In June, wheat exports will be 2.6 – 2.8 million tons (compared to the record 2.77 million tons in June 2018).
Refinitiv Commodities Research forecasts a 2023/24 wheat production in the United States of 46.3 million tons (-1.5 compared to the previous estimate and 44.9 in 2022/23), including winter wheat production of 32.6 million tons (-1.3 and +2.6), spring wheat production of 13.7 million tons (-0.2 and -1.2).
The Ministry of Agriculture of Canada predicts a 2023/24 wheat production in the country of 35.8 million tons (+1.5 compared to the previous estimate and +2 compared to 2022/23).
Agroconsult has raised its forecast for the second corn production for 2022/23 in Brazil by +5.2 million tons to 102.4 million tons (+16.5 compared to 2021/22).
According to Abiove's forecast, soybean exports from Brazil in 2022/23 will be 95.7 million tons (+2 compared to the previous estimate and +17 compared to 2021/22).
