According to forecast of the Association of soybean and corn producers in Brazil, soybean yields in the state of Mato Grosso in 2016-2017 will reach 10% of the total crop, while in 2017 – 2018 it will reach 15%.
In the current season the grain crops inn Australia will decrease in spite of the lack of change of the areas with winter grain crops accordig to the latest forecast of Rabobank.
According to forecast of the Ministry of Agriculture of Russia in 2017 – 2018 grain export from the country will reach 37 – 38 mln. tonnes, given 34 – 35 mln. tonnes expected for the current season.
On May 31st, 2017, the South Korean company MFG carried out a tender for the purchase of 140 000 tonnes of corn of optional origin for October shipment
During the first five months of 2017, export of wheat, barley and rapeseed from Australia reached 17.2 million tonnes, up by 60% compared to the previous year, according to Thomson Reuters Eikon.
The first results of the quality check of new crop hard wheat in the US confirmed the concerns about low protein content for a second consecutive year.