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Photo Credit: GettyImages/Andrii Yalanskyi

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.

© GettyImages/Media Trading Ltd

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.

© GettyImages/KUNITAKA KODA

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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