Russia’s spring #wheat area may be the smallest in decades.
As of late May, Russian spring wheat area was at its smallest level in many years.
The key reason is not just delayed planting. Farmers are shifting hard into crops with better economics, especially oilseeds.
Interestingly, even Siberia - where the climate is broadly similar to Canada - is trying to plant more sunflowers instead of wheat.
That is negative for the new wheat crop. In May, we (@SovEcon) forecast Russian spring wheat area at 10.5 mln ha, down 0.5 mln ha year on year, but that number now looks too optimistic.
Bloomberg: “This is the slowest planting pace since 2018,” Andrey Sizov, head of consultancy SovEcon, said by phone, with the largest delays in the Volga and Siberian regions. Spring wheat acreage could fall even lower.
#sizovreport #oatt #agwx
🌡️In late May, sea surface temperatures in the equatorial Pacific reached El Niño territory for the first time in more than two years. That's a major flip from March's La Niña regime.
The warming pace is tracking with other strong El Niño years. Will 2026 live up to forecasts?
🌽ETANOL: MATO GROSSO DEVE AMPLIAR PRODUÇÃO EM 16% EM 2026/27 COM AVANÇO DO MILHO
Mato Grosso deverá ampliar em 16,08% a produção de etanol na safra 2026/27, alcançando 8,44 bilhões de litros, impulsionado principalmente pela expansão do etanol de milho e pela entrada de novas plantas industriais no Estado. A projeção é do Sindicato das Indústrias de Bioenergia do Estado de Mato Grosso (Bioind-MT), com elaboração do Instituto Mato-Grossense de Economia Agropecuária (Imea)
Funds flip long MATIF #wheat again.
EU wheat looks cheap vs the US. Or maybe the US is too expensive...
Watch the France-US spread. Could it be the best trade in wheat right now?
More:
https://t.co/Sj2O1TgRDy
#oatt#sizovreport
Victoire magnifique !
Nous ne trouverons plus en France de riz, de thé, plus de noisettes ni de paprika, plus de soja bien sûr, plus de café ni de chocolat... Nous paierons 40% plus cher (et devrons rationner) les fruits et légumes que nous n'importerons plus.
Joie !✊
🇨🇳China's grain imports in the first four months of 2026 were up from the same period last year, especially in wheat. Meanwhile, pork imports fell 30% amid strong domestic output.
Soybean imports were up 8% year-on-year but below the period's 5-year average.
🇺🇸After a seasonal lull in April, U.S. ethanol production has sharply rebounded in May. Output hit a five-week high of 1.11M barrels per day last week, which is record-high for the date.