On 2.06.2017 the South Korean company NOFI has held a tender for the purchase of 138 000 tonnes of yellow corn and 120 000 tonnes of feed wheaat with random origin. At the tender 138 000 tonnes of corn have been purchased at price 182.89 USD/tonne C&F and the value of the September corn contract  in Chicago + 0.85 USD/bushel. Also 64 000 tonnes of wheat were purchased at 189.9 USD/tonne C&F.

Jordan cancelled a tender for the purchase of  100 000 tonnes of feed barley with random origin..

In the past week the condition of the wheat crops in France worsened according FranceAgriMer. As of 29.05.2017 winter wheat ares which are in good ans excellent condition were 75% at 76% a weak earlier and 81% a year earlier, that of durum wheat  65% (68% and 70%), winter barley 66% (67% and 78%), spring barley 76% (77% and 93%), and corn 86% (87% and 79%).

According to the information of Buenos Aires Grain Exchange the argentinian farmers continue with the harvest of corn and soybeans and the sowing of wheat. As of 01.06.2017 wheat is sown on 11.3% of the planned  areas which is 5.5 mln.ha. Corn is harvested on 38.4% of the areas and soybeans - on 85.5%. 16.69 mln.tonnes of corn and 50.22 mln.tonnes of soybeans were collected. Corn yield continue to be good, which is the reason the forecast for the crops to remain high – 39 mln.tonnes or growth of 33%, and soybeans will reach 57.5 mln.tonnes (+2.7%).