According to estimate of Agridatos, wheat crop in Paraguay in 2017 may drop by 30% compared to the previous year due to unfavourable natural conditions
According to the Mato Grosso Institute of Agribusiness, corn export form the state will reach the record 14.38 million tonnes in the current economic year
Analysts of MARS lowered their forecast for corn crops in 2017 in the EU in the latest report by 0.31 mt/ha down to 6.83 mt/ha given a yield of 7.07 mt/ha in 2016 and average yield of 6.88 mt/ha.
Algeria announced a tender for the purchase of at least 50,000 tonnes of milling wheat of optional origin and for October shipment. Egypt announced tender for the purchase of wheat as well.
Asian millers are concerned by the increase of global wheat prices, that rose by 30% in June, that leads to necessity of additional payments for previously contracted deals.
From the beginning of the season until July 19, 2017 1.101 million tonnes of grains are exported from the country, according to date of the Ministry of Agriculture.
