Grain Highlights

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.

Grains Highlights

According to latest USDA forecast, at the end of 2017 – 2018 corn stocks in China will amount to 79.2 million tonnes. That is 40% of the global stocks, but there is a 28% decline compared to last year.

Grain Highlights

As of October 2, 2017 harvest in Russia is completed on 41.8 million hectares under grain crops cultivation, 125.6 million tonnes of grain are harvested (111.7 million tonnes a year earlier) at average yield 3.0 mt/ha(2.6). Wheat harvested amounts to 84.7 million tonnes (75.2).

Grain Highlights

According to the Minsitry of Agriculture of Ukraine in 2017 sunflower crop in the country will be 11.8 million tonnes (USDA - 14 million tonnes), that of soybean - 3.9 million tonnes (USDA - 4.6 million tonnes).

Grain Highlights

According to Buenos Aires Grain Exchange forecast, the wheat crops will be 17 million tonnes (16.8 years earlier).

Brazil increases wheat import

In August 2017, 656,011 tonnes of wheat were imported to Brazil, by 30.5% more than July 2017 and by 13.8% more than August 2016.

Grains And Oilseeds News in Brief

As of September 1, 2017 sunflower stocks in Ukraine amounted to 672,000 tonnes. In 2016 crop was at record high – 13.63 million tonnes, and in 2015 – 11.18 million tonnes.