In its August report IGC raised its forecast for global wheat production in 2017-2018 up to 742 million tonnes, by 10 million tonnes more than the July forecast and at 754 million tonnes in 2016 – 2017.
According to Oil World, in 2017 – 2018 global export of rapeseed will fall by 2 million tonnes compared to the 2016 - 2017 record high down to 14.61 million tonnes.
Production of unrefined sunflower oil reaches 3.18 million tonnes for the period January - July 2017, by 36% more than the same period in the previous year.
According to the customs authorities of China in July 2017, corn import reaches 910,000 tonnes at 383,090 tonnes in June and only 28,980 tonnes in July 2016.
On Tuesday wheat and corn prices in Chicago dropped but soybeans rose. The variations were not big, but moderate. In Paris wheat and corn went down slightly but rapeseed significantly increased.
