According to Oil World, in July 2017, soybean meal export from India reached 40,000 – 45,000 tonnes at 23,000 tonnes in July 2016. From the beginning of 2017 soybean meal export reached 1.03 million tonnes at 172,000 tonnes in the same period of 2016.
At the end of July palm oil stocks in Indonesia reached a record high of 1.78 million tonnes - the highest level since April 2016 and with the highest monthly growth since April 2015.
A group of Taiwanese companies MFIG should have already carried out a tender yesterday for the purchase of 130 000 tonnes of corn for October - November shipment.
On Tuesday crop prices in Chicago moved in both directions but the variations were not big. In Paris rapeseed price rose significantly and wheat and corn remained stable..
The National Australia Bank lowered its forecast for the wheat crop in the country in 2017 – 2018 by another 600,000 tonnes down to 22.7 million tonnes.
