According to Anec's forecast, exports of soybeans from Brazil will reach 3 million tons in October (+0.3 million tons compared to the previous estimate) and corn exports are projected to reach 2 million tons (+0.6).
According to the Solvent Extractors Association of India, the import of vegetable oils in the country reached 1.69 million tons in September (1.01 in August and 1.04 in September 2020).
In their October report, analysts from the USDA lowered the world's wheat production estimate to 775.8 million tons for 2021/22 (780.2 in September and 774.7 in 2020/21).
In their October forecast, USDA analysts raised their forecast for the global corn production in 2020/21 by 1.6 million tons to 1,115.5 million tons, consumption was raised by 5.11 million tons to 1,131.61 million tons and initial stocks estimate was raised by 3.27 million tons to 289.99 million tons.
In their October forecast, analysts from the USDA raised their forecast for the global soybean production in 2021/22 to 285.1 million tons (384.4 in September and 365.2 in 2020/21).
Heavy rainfall in France are slowing down the harvesting campaign of corn. As of 04.10.2021, 7% of the corn areas have been harvested (+5% for the week and 47% a year earlier).
In 2020/21, corn exports from Ukraine reached 23.9 million tons, which is 17% or 28.7 million tons less than in 2019/20 and is the third highest result.
