Weekly export sales of US wheat, 2017 crop exceeded the most optimistic market expectations(300,000 – 500,000 tonnes). Weekly sales reached 542,900 tonnes, while export amounted to 717,800 tonnes.
In the current season Great Britain will turn to a net wheat importer from net wheat exporter - a scenario that happened only 4 times for the last 25 years.
The authorities in Indonesia will keep the palm oil export duty at 0%, The zero rate has been in force since May 2017, and it could rise in case of oil price of over 750 USD/mt.
