Corn harvest in Argentina is slowing down due to rainfalls. As a result the export window will be moved to the end of August, which will increase siginificantly the competition with Brazil and USA.
According to forecast of the Association of soybean and corn producers in Brazil, soybean yields in the state of Mato Grosso in 2016-2017 will reach 10% of the total crop, while in 2017 – 2018 it will reach 15%.
In the current season the grain crops inn Australia will decrease in spite of the lack of change of the areas with winter grain crops accordig to the latest forecast of Rabobank.
According to forecast of the Ministry of Agriculture of Russia in 2017 – 2018 grain export from the country will reach 37 – 38 mln. tonnes, given 34 – 35 mln. tonnes expected for the current season.
