Wheat

- According to latest forecast of FAS USDA, in 2017 – 2018, wheat crop in Australia will reach  20 million tonnes, by 40% less than in 2016 – 2017 when a record of 35 million tonnes was set.

- The government of Ukraine signed with the grain exporters from the country the traditional memorandum on limitation of wheat export in 2017 - 2018. It was set at 16.5 million tonnes. In 2017 wheat crop in Ukraine is 26 million tonnes and until October 12, 2017, about 7 million tonnes of wheat have been exported so far. In 2016 - 2017 the export was 17.4 million tonnes.

- According to latest forecast of Oil World, in 2017 - 2018, decline in wheat crops in the countries of South America - Brazil, Argentina, Uruguay and Paraguay will reach 2-3 million tones. Losses will be due to prolonged rainfall. Loss of grain quality is also expected. In Brazil, crop will fall by 2.1 - 2.3 million tonnes compared to last year to 6.7 million tonnes.

- Jordan announced another tender for the purchase of 100,000 tonnes of wheat.

- On Оctober 19, .2017 Egypt's state-owned company GASC purchased 230,000 tonnes of wheat for shipment from December 1 to 10, 2017. The auction results are as follows:

60,000 tonnes of Russian wheat, FOB price 198.75 USD / mt + FRT 14.60 USD / mt, a total of 213.35 USD / mt.

55,000 tonnes of Russian wheat, FOB price 198.90 USD / mt + FRT 14.87 USD / mt, a total of 213.77 USD / mt.

60,000 tonnes of Russian wheat, FOB price 198.35 USD / mt + FRT 15.47 USD / mt, a total of 213.82 USD / mt.

60,000 tonnes of Russian wheat, FOB price 198.75 USD / mt + FRT 15.90 USD / mt, a total of 214.65 USD / mt.

Grain

- In the current season, corn areas in Argentina may grow by 5.2% yoy. They will reach 8.92 million hectares (8.48).

- The analysts of Informa Economics lowered their forecast for corn areas in the US in 2018. from 91.88 million acres to 90.46 million acres. In 2017 corn areas, according to USDA, amount to 90.4.

- In 201,  corn crop in the Brazilian state of Mato Grosso will reach 30.4 million tonnes and consumption only 4.5 million tonnes according to IMEA data.

- During the period July - September 2017 export of grain and oil crops from Russia to Bangladesh was 749,410 tonnes, which ranks the country on fourth place among buyers of Russian agricultural production. 676,940 tonnes of wheat, 62,310 tonnes of peas, 5,280 tonnes of rapeseed and otherswere imported.

- During the period March 21 - September 22, 2017, 1.05 million tonnes of rice were delivered  to Iran, which is 84.4% more than a year earlier. According to estimate of the country's Ministry of Agriculture, rice crop in Iran is 2.3 million tonnes and the consumption of 3 million tonnes.

Oil crops and vegetable oils

- According to Oil World's latest forecast, in 2017, rapeseed crop in the EU will be 22.1 million tonnes, up 0.3 million tonnes from the previous forecast at 20.49 million tonnes in 2016 but below the 2014 record - 24.3 million tonnes. France's crop will be 5.51 million tonnes (4.74 million tonnes in 2016-2017), Britain - 2.13 million tonnes (1.77), Poland - 2.87 million tonnes (2.15), Romania - 1.8 million tonnes (1.73), in Germany - 4.29 million tonnes - a 6 years low.

- According to Oil World data, during the period July - September import of rapeseed from Ukraine into the EU reached 0.9 million tonnes, which is 50% more than the previous year at average of 0.7 million tonnes in the recent years. Throughout 2017 - 2018 rapeseed import to the EU will reach 3 - 3.1 million tonnes - a 3 years low. Processing of rapeseed in the EU will be 24.12 million tonnes (24.08).

- As of October 18, 2017, in Ukraine, 5.24 million hectares under sunflower cultivation are harvested (88% of the area), 10.213 million tonnes of sunflower are harvested at average yield of 1.95 mt/ ha (-11%).

- As of October 18, 2017, in Ukraine,  1.43 million hectares under soybean cultivation are harvested. The total soybean areas are 1.99 million hectares. 2.67 million tonnes of soybeans were harvested at average yield of 1.86 mt/ ha (+ 14.3%).

- As of October 18, 201,  in Ukraine, sowing of winter rapeseed is completed. 832,900 hectares were sown (+ 7% compared to the plan and 769,000 hectares in 2016).

- As of October 16, 2017 in Russia, 3.65 million decares under sunflower cultivation are harvested , which is 46.9% of the areas, 6.04 million tonnes of sunflower are harvested at average yield of 1.66 mt/ ha (1.64).

- As of October 16, 2017, in Russia,  1,29 million hectares under soybean cultivation (50.2%) are harvested, 2.1 million tonnes of soybeans are harvested at average yield of 1.63 mt/ ha (1.68).

- The analysts of Informa Economics increased their forecast for soybean areas in the US in 2018, from 89.057 million acres to 90.347 million acres. In 2017, soybean areas, according to USDA, amount to 90.2 million acres.

- According to Oil World, soybean crop in South Africa in 2017 - 2018 will reach the record 1.32 million tonnes (0.74 million tonnes in the previous season). The import will be 0.03 million tonnes (0.27) and soybean processing will be 1 million tonnes.