Russian Grain Markets: 22-26 October 2012 Harvesting Update As of 26 October, Russian farmers have harvested 72.2 MMT of grains and grain legumes:
39.6 MMT of wheat on 21.4 million hectares (99 percent of the areas under the crop), with an average yield of 1.86 MMT/hectare (versus 58.9 MMT as of the same date last year). 14.5 MMT of barley on 7.6 million hectares (98 percent of the areas under the crop), with an average yield of 1.91 MT/hectare (versus 17.3 MMT, 2.29 MT/hectare). 5.6 MMT of corn on 1.4 million hectares (70 percent of the areas under the crop), with an average yield of 4.09 MT/hectare. 6.9 MMT of sunflower seed. 1 MMT of rapeseed. 1.2 MMT of soybeans.
Grain Market Interventions The intervention fund put up...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
