Wheat harvest in France has already started. Yield is below the average, but grain quality is very good. Relative weight is 800kg/m3, at protein content of 12%.
Russia will enter the new economic year, which starts on July 1st 2017 with exports of 2.3-2.5 million tonnes of grain, according to Russagrotrans's estimate. In July 2016, the export was 2.55 million tonnes.
Unrefined sunflower oil production in Ukraine for the period January - May 2017 reaches 2.4 million tonnes, by 33% more than the same period last year.
According to Oil World's forecast, in the last quarter vegetable oil import in India could be at record high for 2016 – 2017 by reaching 4.2 million tonnes (+0.4 million tonnes for a year).
According to Oil World, during the period October - May 2016 – 2017 global synflower oil export from the three major exporters Russia, Ukraine and Argentina reaches 6.17 million tonnes, by 1.3 million tonnes above the previous season and it is all time record high.
According Oil World's estimate, in 2017 global palm oil production will exceed market expectations. As of now global palm oil stocks aren't at high level.
