Saudi Arabia announced an auction for the purchase of 1,5 mln tons of barley tobe delivered between March and May. 945,000 tons of barley were purchased at the previous auction at 177 – 192 USD/ton C&F to be delivered between January and March.
The European Commission projected lower corn stocks in the EU of 9.95 mln tons in the current season compared with 15.9 mln tons in the previous forecast. Stocks were 12.18 mln tons at the end of 2015 – 2016.
Wheat yield in Canada will be 29.1 mln tons in 2017 - 2018, Agriculture and Agri-Food Canada reports. Yield will be 2.6 lower than last year, but still this will be the fourth highest yield in the past 20 years.
1.394 mln tons of wheat were exported from Varna Port between the start of the current season and January 22, 2017 which is a 15.5% increase on the corresponding period of the previous season. Bulgaria’s total wheat export for the period was 3.324 mln tons.
APK – Inform reports that 681,400 tons of grain were exported from Russian sea ports between January 20 and January 26 compared with 423,700 tons a week earlier. 535,800 tons of wheat, 125,800 tons of corn and 19,800 tons of barley were exported.
APK – Inform reports that 705,000 tons of grain were exported from Ukrainian sea ports between January 21 and January 27 compared with 694,700 tons a week earlier. 294,200 tons of wheat and 410,800 tons of corn were exported.
Canadian Grain Commission aanounced that, during the current season, Canadian wheat export keeps below the average level for the past five years. 8.436 mln tons of wheat have been exported from Canada for the first 25 weeks of the season compared with 8.12 mln tons in the previous year and the average of 7.28 mln tons for the past five years.