Russian Grain Markets: 30 October–3 November 2023 As of 30 October, Russia harvested 140.2 MMT of grains in bunker weight which is 9.8 MMT less than the same date a year ago. Grains and pulses were harvested from 45.4 Mha which is 94.6 percent of the crop averaging 3.09 MT/ha versus 3.33 MT/ha last year. The harvest status is as follows:
Wheat: 97 percent complete, producing 93.7 MMT vs 104.6 MMT a year ago, averaging 3.25 MT/ha vs 3.59 MT/ha, harvested from 28.9 Mha Barley: 97.6 percent complete, producing 21.9 MMT vs 24.4 MMT, averaging 2.81 MT/ha vs 3.07 MT/ha, harvested from 7.8 Mha Corn: 52.5 percent complete, producing 9.3 MMT vs 5.9 MMT, averaging 6.71 MT/ha vs 5.55 MT/ha, harvested from 1.4 Mha Rice: 88 percent c...
What You Need to Know Today: End-of-month profit taking sent the CBOT broadly lower, though corn and soybeans managed to post small gains to continue their rallies. Turkey’s foreign ministry claimed to have a plan to ensure safe passage for both Ukrainian and Russian grain vessels via th...
Developer's Note 24 August 2026: WPI recently completed an exercise that updated the codebase for this app and solved some of the discrepancies between our five-year average calculation and USDA's. There are a few lingering cases where early (late) starts (finishes) to the crop cycle resu...
Key Takeaways: Corn and soybean prices rallied sharply last week as declining U.S. production expectations collided with strong demand, raising the prospect of tighter supplies and leaving the market with a smaller margin for further yield losses. The USDA’s lower August yield estimates...
