In July, non-EU wheat exports from France will reach 511,200 tons (227,000 in July 2021 and 461,000 in July 2020), which will be the highest level for this month of the year.
The EU plans to unfreeze some of the funds of top Russian banks to facilitate transactions in the global food and fertilizer trade, a draft document showed.
As of 14.07.2022, the average wheat yield in Russia reached 4.22 tons/hectare (3.41 a year earlier) and the average barley yield was 4.57 tons/hectare (3.93).
IKAR raised its forecast for the wheat production in Russia in 2022/23 to 90.5 million tons (88.7 in the previous estimate). Total grain production is projected at 138.5 million tons (133.5).
According to ProZerno's forecast, wheat exports from Russia will reach 42.5 million tons in 2022/23. Barley exports are projected at 4.8 million tons and corn exports are expected at 3.5 million tons.
The Ministry of Agriculture of France predicts a 2022/23 wheat production in the country of 32.9 million tons (-7.2% compared to 2021/22), a barley production of 11.18 million tons (-2.4%) and rapeseed production of 4 million tons (3.3).
According to a forecast from ProZerno, the grain production in Russia will reach a record 136.2 million tons in 2022/23, including 88.1 million tons of wheat.