In the current season Great Britain will turn to a net wheat importer from net wheat exporter - a scenario that happened only 4 times for the last 25 years.
The authorities in Indonesia will keep the palm oil export duty at 0%, The zero rate has been in force since May 2017, and it could rise in case of oil price of over 750 USD/mt.
During the period October 2016 – April 2017, 13.1 million tonnes of wheat were exported, which is 2/3 of the annual forecast, according to the Australian Bureau of Statistics.
Agri-food Cooperatives Spain published its first forecast for the grain crop in the country for the current year that will reach 15.2 million tonnes - the fifth lowest crop since 1990.
