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.
