The French Ministry of Agriculture anticipates soft wheat crop in the new season to reach 36.2 million tonnes at average yield of 7.04 mt/ha and areas under cultivation in amount of 5.147 million hectares.
According to Oil World, in May 2017, for 7th month in a row, canola export from Australia exceeds the figure from the previous year and reaches 224,000 tonnes given 61,000 tonnes in May 2016.
On Monday soybeans price in Chicago rose sharply, followed close by wheat and after it, was corn. In Paris rapeseed price went up much and wheat and corn rose moderately.
According to USDA, weekly export sales of corn form the US (week until June 29th, 2017) dropped to 3 years low against the backdrop of major competition on the part of Brazil and Argentina.
In the new economic year 2017-2018 (starting in July) 37 million tonnes of grain will be exported from Russia given an export potential of 40 million tonnes, according to Rusagrotrans.
