USDA Review. Key figures for grains and oilseeds - Ruseed

Key figures: Global grain production forecast: 2,930 million tons (+78 million tons y/y) — growth achieved despite a decrease in final reserves Oilseed production increase: +9.5 million tons y/y — Brazil cements its status as a soybean superpower with a harvest 1.5 times larger than the US US corn production: 427.1 million tons (+49 million tons y/y) — a record figure formed due to the expansion of planted areas Russia: growth in soybeans (+1.3 million tons), sunflower seeds (+2.1 million tons), and rapeseed (+0.9 million tons) — the country is confidently strengthening its position in the global oilseed market The vegetable oil deficit persists — demand is growing faster than production, especially in Asian countries By crop: Corn Global production estimate — 1,287 million tons (+58 million tons by 2024/25). A strong increase is expected in the US (+49 million tons), while Brazil and the EU are reducing forecasts. The USDA expects an "ideal storm" — high demand with a large area. ...