News in brief

AGRO-TECEI predict that sunflower harvest in Argentina will be 3.5 tons, which is lower than the original expectations. The reason for the decrease is the excessive amount of rain in Buenos Airse province.

Sunflower export will reach 300,000 tons and sunflower oil 500 – 600,000 tons.

In December, palm oil stocks in Malaysia went up by 0.2 per cent to 1.67 mln tons. Production decreased by 6.4 per cent during the month down to 1.47 mln tons and export decreased by 7.5 per cent down to 1.27 mln tons.

Japan opened an auction for 162,780 tons of milling wheat to be bought from the USA or Canada (106,780 tons from the USA and 56,000 from Canada).

In 2016, 45.1 mln tons of freight were transferred to and from the Brazilian port of Paranagua (+2 per cent compared with 2015), including 27.9 tons of export freight. 7.9 mln tons of soya, 4.5 mln tons soya groats and 2.6 mln tons of corn were transferred.

Jordan has cancelled an auction for the purchase of 25,000 tons of milling hard wheat of random origin.

In the new season, the government of Egypt will buy wheat from the local farmers at prices corresponding to the world ones, i. e. auction contracts signed by GASC will determine the levels.

For the period January – November 2016, Australian companies have decreased grain export as well as the export of grain processing products by 20 per cent compared with the same period of 2015 down to 6.854 bln USD. Data offered by Australian Bureau of Statistics. Wheat export for the same period reached 4.397 bln USD (-16.6 per cent); the numbers for barley are 1.332 bln USD (-16.8 per cent). The decrease is mainly due to the lower export prices of cultures.