Grain Highlights

Grains And Oilseeds News In Brief

Spring crops sowing in Bulgaria is running much faster than last year according to information from the country's Ministry of Agriculture. As of 30.03.2017, 23,500 hectares have been sowed with spring barley (+61% versus last year), 0.1433 mln hectares of corn (+1522%) and 0.1103 mln hectares of sunflower (+242%).

Grains And Oilseeds News In Brief

On 6.04.2017 Algeria announced an auction for the purchase of at least 50,000 tons of random origin and June delivery. In the previous auction on15.03.2017, 480,000 tons of wheat was bought at 204 – 206 USD/ton C&F.

News from Russia and Ukraine

Russia’s Ministry of Agriculture decreased its forecast on grain export from the country in the current Marketing Year. It is now expected that export will reach last year’s level of 33.9 mln tons. The previous forecast stated 37 mln tons.