Russian Grains Markets: 27 June-1 July 2022 Russia continued harvesting grains and it seems like the 2022 crop will be very close to a record. Russian Grain Union is expecting 84 MMT of grains according to Akradiy Zlochevsky, the head of the Union. The most recent forecasts showed 122 MMT of grains, including 80 MMT of wheat. The historic record of grain production was in 2017 when production was 135.5 MMT of which 86 MMT was wheat. The indicators of the previous year were 120.7 MMT of grains of which almost 76 MMT was wheat. The Russian government is even more optimistic about the crop and believes it could be as high as 130 MMT of which wheat (87 MMT) will break the previous wheat production record in country. Maybe the Russian govern...
CORN Argentina In Argentina, after several weeks of intense and frequent rainfall, weather conditions have improved, with clear days, dry cold, and wind supporting both soil and grain drying. Harvest activity has resumed; however, producers continue to prioritize soybeans, limiting progress in...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
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