On February 12, 2017 Iraq accepted papers for auction participation for the purchase of 50,000 tons of wheat. The lowest price on offer was for Romanian wheat - 224 USD/ton C&F.
Information from Russia states that 23.088 mln tons of grain were exported from Russia between the beginning of the season and February 8, 2017 versus 23.109 mln tons a year earlier.
In the current season (July - June) China has increased wheat import while decreasing corn and sorghum import, FAS USDA reports in its latest forecast.
9.0 mln tons of wheat were exported in Canada in the first 27 weeks of the current season, which is 19% lower than the previous year, CGC reported. Soft wheat export dropped by 21% to 6.9 mln tons while hard wheat export went down by 13% to 2.2 mln tons.
On February 10, 2017 the South Korean company NOFI bought 210,000 tons of corn and 67,000 tons of wheat fodder of random origin and delivery in May and June.
The USA exported 18.192 mln tons of corn in the first four months of the season, which started in September; this is a 76% increase on the same period of the previous season.
