As of 11/16/2022, 45% of wheat crops in Argentina were in good and excellent condition (43% a week earlier and 92% a year earlier). Precipitation is the basis of the increase.
The USA, EU and Great Britain have limited sanctions on Russian entities in order to ease the export of agricultural products and fertilizers. The relief will affect banks, insurers, carriers and others.
Saudi Arabia has bought 1 million tons of wheat (protein 12.5%) of any origin at an average price of 382.65 USD/ton and delivery within April-June 2023.
