The Taiwan Flour Mills Association purchased 92,400 tonnes of milling wheat at price of 242.98 - 292.98 USD/mt, C&F.
According to AgroConsult latest data, since early June Brazilian farmers have boosted soybean sales, driven by stabilization of the price and the exchange rate of the national currency. Another reason for the sales is the farmers’ need for working capital.
During the period January - April 2017, 8.15 million tonnes of wheat worth 1.47 billion USD were exported from Russia.
In the past week, the condition of the US spring wheat worsened greatly as a result of high temperatures and minimal rainfall. According to USDA data, as of June 11th 2017 in good and excellent condition are 45% of the spring wheat crops given 55% a week earlier and 79% a year earlier. In good and excellent condition are 67% of the areas under corn cultivation (68% and 75%). Harvest of winter wheat is completed on 17% of the areas, which is by 7% more than the previous year and by 2% more than the average for the last five years.
Saudi Arabia purchased 805 00 tonnes of hard wheat with protein content of at least 12.5% at 212.45 - 222.65 USD/mt, C&F for August 1st - September 30th 2017.
A group of private Israeli importers announced a tender for the purchase of 85 000 tonnes of corn, 30 000 tonnes of feed wheat and 20 000 tonnes of feed barley.
Jordan announced a tender for the purchase of 100 000 tonnes of feed barley of optional origin.
Tunisia announced a tender for the purchase of 92,000 tonnes of soft wheat and 25,000 tonnes of feed barley of optional origin.
Syria received the first 225,000 tonnes of Russian wheat as part of a deal for supply of 1.2 million tonnes in total.