Markets

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Sovecon raises forecast for Russian wheat harvest

By Jane Byrne

Russian consultancy, Sovecon, has further raised its forecast for Russia’s wheat harvest, now at 94.7Mt, up from a previous 90.9Mt estimate, due to what it says are record yields and rain improving the outlook for spring wheat.

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Ukraine: Grain and oilseed exports grew in June

By Jane Byrne

Ukraine exported 2.17 million tons of grains, legumes, oilseeds, and by-products in June, which is 470,000 tons or 25% more than in the previous month, according to the latest data from Ukraine’s ministry of agriculture.

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Corn markets set to remain volatile

By Jane Byrne

The fall in crude oil markets at the end of last week has pressured vegetable oil and oilseed markets. After last week’s heatwave across the US, this week’s USDA crop progress report will be closely watched, say CRM Agri.

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COCERAL expects a reduced grain harvest for EU and UK

By Jane Byrne

In its third forecast for 2022, COCERAL sees the total grain crop for the EU and the UK as coming in at 309.5 million tons, an increase from the 305.6 million tons it forecast in March, but lower than the 312 million tons harvested last year.