According to the Ministry of Agriculture of Rusia, grain export in the new season may reach 38 million tonnes. Wheat harvest is completed on 8.5 million hectares at average yield of 4.38 mt/ha (3.97 mt/ha a year earlier).
According to Trigo & Farinhas, in July505,000 tonnes of milling wheat were imported to Brazil, by 11% more that for the same perios in the previous year.
Analysts of Informa Economics decrease corn production in the US in 2017 – 2018 down to 351.8 million tonnes at July forecast of USDA - 362.1 million tonnes.
According to preliminary date from the customs authorities, from the beginning of the season until August 1, 2017, only 941,000 tonnes of soft wheat were exported from the EU given 2.6 million tonnes a year earlier.
FAS USDA forecast, that in 2017 – 2018, wheat crop in Argentina will reach 16.65 million tonnes, by 850,000 tonnes less than the official forecast of USDA.
