The French Ministry of Agriculture anticipates soft wheat crop in the new season to reach 36.2 million tonnes at average yield of 7.04 mt/ha and areas under cultivation in amount of 5.147 million hectares.
According to USDA, weekly export sales of corn form the US (week until June 29th, 2017) dropped to 3 years low against the backdrop of major competition on the part of Brazil and Argentina.
In the new economic year 2017-2018 (starting in July) 37 million tonnes of grain will be exported from Russia given an export potential of 40 million tonnes, according to Rusagrotrans.
