Grain Highlights

Grain Highlights

As of October 12, 2017 Brazilian farmers have sown 12% of the planned areas for soybean cultivation so far, at average level for the last years - 11%. The government expects the soybean crop to reach 106 – 108.2 million tonnes at 114 million tonnes in 2016/17.

Grain Highlights

As of 12.10.2017 harvest of sunflower in Ukraine is completed on 5.016 million hectares (84%). 9.737 million tonnes are harvested at average yield of 1.94 mt/ha. Given the results, total sunflower crop in Ukraine will reach 11.4 million tonnes.

Grain Highlights

According to APK- Inform, in the last week, FOB price of unrefined sunflower oil from Ukraine fell by 5 USD/mt, down to 765 – 770 USD/mt FOB.

Grain Highlights

As of October 11, 2017 in Russia, harvest is completed on 3.0 million ha under sunflower cultivation(39.1%), 5.3 million tonnes are harvested at average yield of 1.73 mt/ha (1.69).

Grain Highlights

According to latest data of USDA, As of 01.10.2017 sowing of winter wheat in the US lags behind schedule. Currently 36% of the planned areas are sown at 41% a year earlier at 43% at an average for the last 5 years.

Grain Highlights

In August 2017 France exported 1.374 million tonnes of soft wheat, which is 19.4% more than July and 52.5% more than August 2016. For Algeria have been exported 535,720 tonnes of wheat (+270%).

Grain Highlights

As of 06.10.2017 Ukrane has harvested 8.9 million tonnes of sunflower from 4.7 million hectars (79%).

Grain Highlights

According to preliminary data of Rusagrotrans, the record 5.1 million tonnes of grain were exported from Russia in September, incl. 4.2 million tonnes of wheat, 550,000 tonnes of barley and 320,000 tonnes of corn.

Grains Highlights

Tunisia bought 100,000 tonnes of hard wheat of optional origin, at 286.29 – 289.69 USD/mt, C&F and November - December shipment.