As of October 17, 2017 soybean oil stocks in China reached a record level of 1.6 million tonnes at 1.3 million tonnes a year earlier, according to CNGOIC. Increase is due to strong import od soybean and increased domestic production +12% yoy.
As of October 15, 2017, in the US,harvest is completed on 28% of the areas under corn cultivation at 22% a weak earlier, 44% a year earlier and 47% on average over the last 5 years.
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.
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.
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).
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.
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%).
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.
