Grains And Oilseeds News In Brief

On 6.04.2017 Algeria announced an auction for the purchase of at least 50,000 tons of random origin and June delivery. In the previous auction on15.03.2017, 480,000 tons of wheat was bought at 204 – 206 USD/ton C&F.

Japan is to carry out a regular auction for the purchase of milling wheat from the USA, Australia and Canada.

Brazilian soybean export was 9.7 mln tons in March 2017, which was a monthly record. Over the whole of 2017 export is expected at 60 mln tons.

South Korean company NOFI has purchased 65,000 tons of wheat fodder of random origin and an August delivery at 187.55 USD/ton C&F.

According to a FranceAgriMer report, about 90% of the soft wheat crops in France were in good or excellent condition at the beginning of the current week, which is 1% less than the previous week. This gives hope that the yield would measure big.