According to the forecast of APC - Inform, the sunseed production in Russia will reach 15.2 million tons in 2021 (-9% compared to the previous estimate and +13% compared to 2020).
The damage from Hurricane Ida in the United States will affect global supplies of cereals and oilseeds from the United States for at least a month. Over the next month, the prices on the Chicago Board of Trade will differ significantly from those of other major exporters.
The National Energy Policy Council of Brazil has approved a reduction in the content of the biocomponent in biodiesel from 13% to 10% given the strong rise in the price of soyoil.
According to the StoneX Group forecast, corn exports from Brazil will reach 18 million tons in 2021 (-1 compared to the previous estimate and 30 million tons in 2020).
According to the Ministry of Agriculture of Ukraine, the wheat production in the country will reach a record 31.2 million tons in 2021 compared to 24.9 million tons in 2020 and an estimate of 28.8 million tons made in August.