Grain Highlights

Grain Highlights

According to UkrAgroConsult in 2017/2018 sunflower crop in Bulgaria will be 1.9 million tonnes at 1.8 million tonnes a year earlier. During the season the domestic consumption of sunflower will increase and import will decline – trends that have started in 2013/2014.

Grain Highlights

According to forecast of Informa Economics,in 2018, corn areas in the US wil be 91.415 million acres given 90.46 million acres in the previous forecast. In 2017 corn areas were 90.4 million acres.

Grain Highlights

Strategie Grains lowered their forecast on soft wheat crop in the EU in 2018. Areas under cultivation will be 23.5 million hectares, by 0.3% less than the October forecast and 0.2% less than the estimate for 2017.

Grain Highlights

According to official data from Romania during the period July - September 2017/18, 781,000 tonnes of barley were exported from the country, by 20% less than the previous year.

Grain Highlights

In October 2017 3.545 million tonnes of wheat were exported from Russia, by 13.8% less than the September eecord, but by 67% more than the October 2016 export.

Grain Highlights

According to Oil World, palm oil stocks in Malaysia at the end of 2017 will reach 2.3 million tonnes at 1.67 million tonnes at the end of 2016 and 2.63 million tonnes at the end of 2015.

Grain Highlights

In 2017, grain crop in Ukraine will reach 62.2 million tonnes, by 5.9% less than in 2016. Decline is due mostly to corn.

Grain Highlights

In November the export of grain from Russia will be 4.45 million tonnes. In October the export was 4.56 million tonnes, and in November 2016 – 3.75 million tonnes. For the period July - November the export will exceed for the first time the level of 20 million tonnes according to data of Rusagrotrans to 21.5 million tonnes (17.18).

Grain Highlights

In October import of soybean to China is 5.86 million tonnes, by 28% less than in September. The figure is far below the market expectations, though by 12% above last year's figure – 5.21 million tonnes. There is a delay of shipments from the US.

Grain Highlights

According to the latest forecast of the National Bank of Australia, the wheat crop in the country in the new season will be 18.7 million tonnes, which is 2.8 million below the USDA forecast.