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...
After spending much of the year searching for a reason to stay, the bulls suddenly have several. Grain markets have strengthened, wheat is leading the charge, outside markets are becoming more supportive, and geopolitical and weather risks are once again demanding attention. Does that mean the...
Key Takeaways: Cover crops are gaining adoption as farmers seek to improve soil health, reduce erosion, and build more resilient cropping systems. While cover crops do not provide immediate revenue, their long-term benefits include improved nutrient retention, water management, and soil produc...
The latest EIA data showed some interesting anomalies in the ethanol industry, changes that will have a material impact on the industry’s profits and corn consumption for 2025/26 and early 2026/27. The EIA reported that ethanol production fell 4.8 percent for the week ending 10 July...
