SovEcon ups Russian wheat crop forecast; Russia and Ukraine could export 60+ mmt of wheat in 2022/23
Russia could harvest 87 mmt of wheat in 2022; Russia + Ukraine 2022/23 wheat exports to reach 60+ mmt
SovEcon: 2022/23 Russian wheat crop and exports could be record-high
Excellent weather conditions and good inputs availability could lead to a record-high Russian wheat crop
Ukrainian 2022 grain crop to decline substantially
New Ukrainian wheat crop could decline by 19%, corn – by 34%, says SovEcon
Global wheat market down on good crop in Southern hemisphere
Global wheat market down on good crop in Southern hemisphere; bulls should watch weather and Russia-West talks started today
Ukraine to harvest a record-high corn crop in 2021, wheat production is expected to decline next year
We have revised Ukraine’s crop numbers for 2021 (bearish corn) and have issued the first 2022 wheat crop forecast (bullish!).
SovEcon expects Russia to increase wheat production by 5.2 mmt in 2022
The production is expected to rebound on a good weather setup for winter wheat.
Russia could reduce winter crops area by 5% on bad weather and taxes
SovEcon expects a substantial reduction in winter crops area this fall amid unfavorable weather conditions and a drop in farmers’ profitability.
Siberia saves new Russian wheat crop
Russian farmers have harvest 71 mmt of wheat in bunker weight and Siberian yields are great
SovEcon cut Russian wheat crop to 76 mmt, USDA’s forecast – 85 mmt
SovEcon cut Russia’s wheat crop forecast from 82.3 mmt to 76.4 mmt. The main reason is the substantially smaller winter wheat area reported by Rosstat.
Russian wheat crop outlook worsens on hot weather
Outlook for Russian wheat crop worsens. SovEcon cut 2021 crop estimate from 84.6 mmt to 82.3 mmt two weeks ago, USDA lowered its estimate by 1 mmt to 85 mmt a week ago.