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Grain Highlights 13.01.2023

The Buenos Aires Grain Exchange estimates the 2022/23 soybean production in Argentina at 41 million tons (48 in the previous forecast). Corn areas are projected at 7.1 million hectares (7.3).

Grain Highlights 12.01.2023

The Rosario Grain Exchange has lowered its forecast for the 2022/23 soybean production in Argentina by 12 million tons from the December estimate to 37 million tons (the third lowest result in the last 15 years). The estimate for the corn production was lowered by 10 million tons to 45 million tons.

Grain Highlights 11.01.2023

According to information from AgRural, as of 05.01.2023 in Brazil, 0.04% of the areas with the 2022/23 soybean crop have been harvested, i.e. the harvesting campaign has started.

Grain Highlights 10.01.2023

According to a forecast by Safras&Mercado, soybean production in Brazil is projected at 153.37 million tons in 2022/23 (154.53 in the November forecast).

Grain Highlights 09.01.2023

According to a forecast of the Ukrainian Agribusiness Club, the grain production in Ukraine will reach 30-35 million tons in 2023, and oilseed production will be 18-20 million tons.

Grain Highlights 06.01.2023

According to the latest analysts' estimates, the wheat production in Australia will reach a record 42 million tons given the higher than expected yields at the end of the campaign.

Grain Highlights 05.01.2023

StoneX has lowered its forecast for soybean production in Brazil in 2022/23 by 1.2 million tons to 153.8 million tons, given the drought in the southern parts of the country.

Grain Highlights 04.01.2023

In December, India increased palm oil imports by 94% compared to December 2021 to a record level for the month of 1.1 million tons given the fall in the palm oil price.

Grain Highlights 03.01.2023

In 2023, global biodiesel production will reach 55.85 million tons (51.3 in 2022), according to Oil World's forecast.