Indian farmers will harvest 271.98 mln tons of grain in the new season. The result will be higher than the previous record of 265.04 mln tons set in 2013 – 2014. The forecast comes from the country’s Ministry of Agriculture.
93,425 tons of wheat were exported from Great Britain in December 2016, which has been the lowest monthly level since the beginning of 2016 – 2017, although it is much higher than the export in December 2015.
On February 14, 2017, Jordan cancelled an auction for the purchase of 25,000 tons of milling wheat. An auction for the purchase of 100,000 tons of milling wheat will be carried out on February 21, 2017.
On February 12, 2017 Iraq accepted papers for auction participation for the purchase of 50,000 tons of wheat. The lowest price on offer was for Romanian wheat - 224 USD/ton C&F.
Information from Russia states that 23.088 mln tons of grain were exported from Russia between the beginning of the season and February 8, 2017 versus 23.109 mln tons a year earlier.
In the current season (July - June) China has increased wheat import while decreasing corn and sorghum import, FAS USDA reports in its latest forecast.
