According to Brazil's Celeres, the soybean production in Brazil for 2024/25 is expected to be 169.9 million tons, which is a decrease of 17.9 million tons compared to 2023/24.
According to a forecast by Rusagrotrans, wheat exports from Russia in September are expected to reach 5.1–5.2 million tons (5.5 million in September 2023).
The Chinese government has urged local traders to limit imports of barley and sorghum due to the large domestic supply. The aim is to stabilize prices in the domestic market.
The mass sowing of winter rapeseed has begun in Ukraine. As of August 26, 2024, 232,500 hectares have been sown, with 220,000 hectares sown in the last week alone.
In 2024, Russia's oilseed crop production is expected to reach 30 million tons (compared to 29.95 million tons in 2023), including 15.9 million tons of sunseed, a record 7.8 million tons of soybeans, over 5 million tons of rapeseed, and other oilseeds.
Over 2 million hectares of wheat, corn, rapeseed, and sunseed in Romania have been affected by drought. About 40% of the crops have been destroyed. This is the fourth year in the last five with significant drought damage, with only 2021 being an exception.
From August 1st to 20th, Russia exported 4.235 million tons of grain (compared to 5.45 million tons in the same period last year), including 3.685 million tons of wheat (4.411), 419,000 tons of barley (870,000), and 130,000 tons of corn (167,000).
