Harvest campaign lags behind schedule in Russia, though this does not impact the July export, that will be at the same lavels as in July 2016 - 2.3 – 2.5 mln tonnes, according to Rusagrotrans forecast.
According to the Ukrainian Ministry of Agriculture, from the beginning of the season until July 27, 2017 2.003 mln tonnes of grain were exported from the country , incl. wheat 631,000 mt ,barley 601,000 mt, corn 770,000 mt and others.3,400 mt wheat flour are also exported.
According to estimate of Agridatos, wheat crop in Paraguay in 2017 may drop by 30% compared to the previous year due to unfavourable natural conditions
According to the Mato Grosso Institute of Agribusiness, corn export form the state will reach the record 14.38 million tonnes in the current economic year
Analysts of MARS lowered their forecast for corn crops in 2017 in the EU in the latest report by 0.31 mt/ha down to 6.83 mt/ha given a yield of 7.07 mt/ha in 2016 and average yield of 6.88 mt/ha.
Algeria announced a tender for the purchase of at least 50,000 tonnes of milling wheat of optional origin and for October shipment. Egypt announced tender for the purchase of wheat as well.
Asian millers are concerned by the increase of global wheat prices, that rose by 30% in June, that leads to necessity of additional payments for previously contracted deals.
