The USDA has published its latest outlook which sees world wheat production increase by a sharp 5.7 mmt plus a slight increase in opening stocks. India production has increased by 4.9 mmt and Australia is up 2.0 mmt – both based on government statistics. Turkey and China are both up by 1.0 mmt and these […]
Despite rain over the last two weeks, Eastern Europe will see a production impact from drought this season. Draught has caused some significant damage to arable crops in Ukraine. There are areas where crops have dried up already and it has most affected winter crops. The table below presents total drought damaged area by crop […]
With food security of increasing concern globally – the Russian Government have decided to impose a quota on certain grains exports of 7MMT. The quota is to be in place from April 1-June 30, 2020 (marking the end of the current marketing year for grain) and has already been fulfilled – surprising the market as […]