Grains And Oilseeds News in Brief

Egypt's GASC announced a tender for the purchase of 10,000 tonnes of sunflower oil for October 1st-15th shipment and 30,000 tonnes of soybean oil for October 15th – 30th shipment.

Separately, an auction for the purchase 10,000 tonnes of soybean oil  Egyptian currency will be held  for October 15th  to 30th shipment.

Jordan announced a tender for the purchase of 100,000 tonnes of feed barley of optional origin and shipment in January 2018.

The Taiwan Flour Millers Association purchased 98,850 tonnes of wheat from the United States for shipment from October to November. Freight is 26.68 USD / mt, and FOB price of  206.28 - 312.80 USD / mt.

Saudi Arabia purchased 490,000 tonnes of hard wheat for shipment from October to November at an average price of 218.19 USD / mt, C & F from the EU, North and South America and Australia.

US hard wheat turns out to be the cheapest at an auction for the purchase of 50,000 tonnes of wheat in Iraq. The price is 297 USD / mt. C & F. More expensive offers are for US wheat - 298.48 - 307.48 USD / mt and Australian wheat 298.77 - 307.77 USD / mt.

According to AgRural, as of 18.08.2017, in Brazil harvest is completed on 89% of the areas with corn, second crop. It is estimated that it will reach 67.2 million tonnes and the total corn crop - 98 million tonnes.