Grain Highlights

India: Wheat Forecast For India Considerably Decreased

Bloomberg survey shows that 2016 – 2017 wheat yield in India will be 91 mln tons, which is 5.6 mln tons less than the official forecast by the country's Ministry of Agriculture and has been the poorest result since 2014 – 2015.

News In Brief

Jordan bought 50,000 tons of barley fodder at 180 USD/ton and delivery in July.

Canada: Spring Wheat Production Deteriorates

Canadian Ministry of Agriculture lowered its forecast on 2017 wheat production in the country by 0.5 mln tons versus 2016 down to 28.6 mln tons. Spring wheat production forecast was lowered by 3.12 mln tons.

News In Brief

On January 22, 2017, Taiwan Millers Association purchased 102,850 tons of milling wheat to be delivered between April 19 and May 3, 2017. The price was 187.15 – 275.51 USD/ton FOB.