Yesterday, CBOT SRW wheat, corn and soybeans futures prices fell sharply. In Paris, the prices of the new wheat and corn crops fell, while rapeseed futures prices rose.
In their July report, analysts from Agriculture and Agri-Food Canada lowered their forecast for the wheat production in Canada in 2021 by 0.3 million tons to 31.4 million tons (35.2 million tons in 2020).
CBOT SRW wheat futures prices rose significantly yesterday. Corn and soybean futures prices in Chicago rose slightly. In Paris, wheat and rapeseed futures prices fell and corn futures prices fluctuated.
In July, corn exports from Brazil are projected to reach 3.195 million tons, according to Anec's forecast, and this will be 37.4% lower than in July 2020.
As of July 19, 2021, 6 million hectares of wheat were harvested in Russia or 20.7 million tons at an average yield of 3.49 tons/hectare (3.47 t/ha a year earlier).
Yesterday, CBOT SRW wheat futures prices rose significantly, while corn and soybean futures prices fell sharply. In Paris, wheat, corn and rapeseed futures prices increased.
As of July 14, 2021, 4.3 million hectares of cereals have been harvested in Russia. 14.9 million tons of grain were harvested at an average yield of 3.45 tons/hectare (3.27 tons/hectare in 2020).
