Grains And Oilseeds News In Brief

In 2017 – 2018 Iran will export 1 million tonnes of wheat and products of its processing.

Last year, the state company GTC purchased 11 million tonnes of wheat from local farmers, or 30%  more than the previous year.

According to United Nations’ estimate, the wheat crop in Syria during the current year will be 1.8 million tonnes, which is 12% more than the record low set last year. Years ago Syria used to produce about 4 million tonnes of wheat, and to export1.5 million tonnes.

Russia's Ministry of Agriculture confirms its forecast for grain crop in the country in 2017 at 100 million tonnes.

The Russian Grain Union predicts that grain crop in Russia in 2017 will be within the range of 115 - 118 million tonnes, given 119 million tonnes in 2016.

Japan announced a tender for the purchase of 89,400 tonnes of wheat from the United States and Australia.

At present, India's state reserves of wheat reach 12 million tonnes, 50% of new crop.

During the first two weeks of July corn export from Brazil rose sharply by 65% ​​year on year to 820,000 tonnes. At the end of last week, 33-36% of the winter corn crop were harvested in the country. According to forecast of Anec, in 2017 - 2018, corn export from the country will reach 30 million tonnes with an official forecast of 28 million tonnes.