Analysts of USDA prognosticate, that in 2017 – 2018 global ending stocks of barley will decrease only to 17.5 mln. tonnes, by 29% less than the current season as this would be a 30 years low
Corn crop in the South African Republic for the current year may entirely supply the stocks in the country and 3.5 mln. tonnes will remain for export, according to forecast of Grain SA.
In their latest forecast, the analysts of Conab raised their estimates for corn yield in Brazil in the current season up to 92.8 mln. tonnes, by 39.5% more than the previous year
At the end of the last week, the authorities in the Chinese provinces of Heilongjiang and Liaoning, located in the country's corn belt, announced a decrease in the subsidies for corn producers and a rise for the soybean growers.
