On Wednesday wheat price in Chicago dropped significantly. It was followed by the corn but with smaller decrease. Soybeans price remained stable. In Paris prices remained unchanged.
On 16.08.2017 the state owned Egyptian company GASC purchased 355,000 tonnes Russian (295,000) and Ukrainian (60,000) wheat with delivery 20th – 30th September 2017.
According the last forecast of APK- Inform, in 2017 – 2018 the export of rapeseed from Ukraine will reach 1.75 mln. tonnes at 1.03 mln. tonnes in 2016 – 2017.
The high grain crops in Russia caused the constant growth of the crop forecasts. The last estimates are at the level of the record high from 2016 – 120.7 million tonnes.
