Grain Highlights

News In Brief

9.0 mln tons of wheat were exported in Canada in the first 27 weeks of the current season, which is 19% lower than the previous year, CGC reported. Soft wheat export dropped by 21% to 6.9 mln tons while hard wheat export went down by 13% to 2.2 mln tons.

News In Brief

On February 10, 2017 the South Korean company NOFI bought 210,000 tons of corn and 67,000 tons of wheat fodder of random origin and delivery in May and June.

News From Russia

Russian Ministry of Agriculture projected a grain yield of 100 mln tons in 2017. The expected export level in 2016 – 2017 is 37.5 mln tons.

China Projected Lower Corn Surplus

The Ministry of Agriculture of China projected lower corn surplus in the country in the current season reducing it from 5.11 mln tons to 4.41 mln tons as a result of the rising domestic demand.

News In Brief

Egypt's trategic wheat stocks are sufficient to satisfy domestic demand in the next 4 months.