According to the attache of USDA in China, in 2017 – 2018 cancellation of state support for corn producers will lead to rise in areas under soybean cultivation.
Drought in the US will significantly decrease spring wheat yield , that will reach a 10 years low in 2017, according to field test of USDA specialists.
Harvest campaign lags behind schedule in Russia, though this does not impact the July export, that will be at the same lavels as in July 2016 - 2.3 – 2.5 mln tonnes, according to Rusagrotrans forecast.
According to the Ukrainian Ministry of Agriculture, from the beginning of the season until July 27, 2017 2.003 mln tonnes of grain were exported from the country , incl. wheat 631,000 mt ,barley 601,000 mt, corn 770,000 mt and others.3,400 mt wheat flour are also exported.