Agri-food Cooperatives Spain published its first forecast for the grain crop in the country for the current year that will reach 15.2 million tonnes - the fifth lowest crop since 1990.
According to official data from Egypt, the country's strategic wheat reserves are at 4.4 million tonnes, which is sufficient to meet domestic demand over the next 5 months.
On Thursday wheat prices in Chicago went up sharply.With less increase were soybeans and corn.In Paris rapeseed prices rose followed by wheat.Corn prices declined.
Due to the warm and dry weather in some European countries in the recent weeks, Strategie Grains analysts to lowered their forecast for grain crop in the EU in 2017.
