In February, wheat crops condition in the American state of Montana deteriorated considerably. There was some improvement in the states of Oklahoma and Kansas.
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.
