According to forecast of the USDA's attache in Indonesia, in 2017 – 2018 palm oil export from the country will reach the record 26.5 million tonnes, by 1 million tonnes more then the official forecast of USDA.
On Tuesday soybeans price in Chicago dropped much. Wheat and corn prices had weaker decreases. In Paris rapeseed price went up significantly, followed by wheat. Corn however remained stable.
According to forecast of Oil World in 2017 – 2018, the canola crop in Canada will reach 18.6 million tonnes given 20 million tonnes in the previous forecast.
