50,000 tons of barley fodder were purchased at the previous auction at 180 USD/ton and a July delivery.

Jordan has announced an auction for the purchase of 100,000 tons of hard milling wheat of random origin and delivery between July and September.

Romanian wheat was the cheapest at the Iraqi auction. There was an offer for delivery at the price of 244 USD/ton C&F. Bulgarian wheat came second at 244.50 USD/ton C&F followed by Ukrainian wheat at 245.0 USD/ton C&F and Russian wheat at 245.5 USD/ton. The lowest price of Canadian wheat was 322 USD/ton while Australian wheat was sold at 320 USD/ton.

The sowing of first harvest corn in Brazil is running slower than last year. 57.3% of the planned areas have been sowed so far, which is 16.2% below last year’s level. Conab projects this season’s corn yield in Brazil at 87.4 mln tons, including first harvest 28.8 mln tons and  safrinha 58.5 mln tons.

Australian meteorological agency states that the chance of El Niño development in 2017 is 50%.