Argentinian Ministry of Agriculture reported that wheat yield in the country has increased to the record 18.39 mln tons, which is 1.89 mln tons more than the previous estimate and 7.0 mln tons more than the previous year.
IGC analysts increased their forecast on grain production worldwide in 2016 – 2017 up to the record 2.1 billion tons versus 2.09 billion tons in itsmJanuary forecast and 2.01 billion tons in 2015 – 2016.
Bloomberg survey shows that 2016 – 2017 wheat yield in India will be 91 mln tons, which is 5.6 mln tons less than the official forecast by the country's Ministry of Agriculture and has been the poorest result since 2014 – 2015.
The Syrian National Grain Purchase Agency Hoboob has signed six contracts for the delivery of a total of 1.2 mln tons of wheat from Russia for the completion of the strategic stocks of the country.
