In its September report, Strategie Grains raised its estimate for soft wheat in the EU in 2017 by 1.5 million tonnes to 142.5 million tonnes, by 4.7% more than the previous year.
In August, wheat export from Ukraine and Russia to countries in Asia reached a record level of 2.524 million tonnes at 2.079 million tonnes in August last year. The share of export to these countries reaches 40% of the total export.
According to a research of the Agroeconomic Institute in the Brazilian state Matto Grosso IMEA, in the current season corn crop in the state will reach 30.45 million tonnes, which is 59% more than the crop in 2015 – 2016.
