Miller Magazine Issue: 119 November 2019

IRAN 98 MILLER / NOVEMBER 2019 North-Eastern Europe. For example, in France, there is a significant lag in wheat sowing, and a slight lag in barley. American farmers expect to plant the smallest areas in the past century with wheat. As of November 03, 89% of the planned area was sown in 18 major states producing wheat, making up 90% of the 2018 winter acreage, which is 1 pp higher than the 5-year average. Moreover, already 56% of seedlings are in the state of GD / EX. In general, the USA and Russia are eliminated faster than Ukraine and the EU. The reason for this is the weather conditions. In addition to the weather and the markets, the farm- ers in Argentina now have to worry about how Presi- dent-Elect Fernandez may impact their farming opera- tions. Even though the weather in Argentina has shown some improvements in the central and northern areas, it is still too dry in the southern and western areas. The near term forecast does not look very good, so the dry- ness will probably persist in the southern and western areas. The first phase of corn planting is nearing comple- tion with 40% of the corn planted and the second phase will start in early December. The early planted corn is rat- ed 5.5% poor to very poor and 43.5% good to excellent, which is a higher rating than last year. The soil moisture for the early planted corn is rated 22.9% dry to very dry and 26.7% optimum to surplus, which is also a better rating than last year. It has been an uneven start to planting in Brazil due to dryer than normal weather during September and October, especially in south-central Brazil. The weather is now improving, but some of the soybeans in Brazil are being planted a month or more later than last year. Nationwide, the Brazilian soybean crop is 46% planted compared to 60% last year and 45% average according to AgRural. SUPPLY AND DEMAND Iran, despite the growth of wheat production in the country, is ready to import grain. The supplier will most likely be Russia or Turkey. Kazakhstan has lost a signifi- cant part of the wheat crop and will take the offer of Russia