The Union of German cooperatives (DRV) lowered its forecast for grain yields in Germany for the current season from 46.7 mln. tonnes down to 45.4 mln. tonnes.
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.
