According to Oil World's latest forecast, global production of the seven key crops will reach the record 549.5 mln. tonnes in the current season which is by 3.1 mln. tonnes more than the previous estimate and by 10% more than the previous year.
For the first 41 weeks of the current season the grain export from Canada has reached 33.6 mln. tonnes which is the same level as last year, according to the Canadian Grain Commission.
From the beginning of the wheat purchasing campaign in Iran, the Government Trading Corporation concluded contracts for the shipment of 1.82 mln. tonnes of wheat to the value of 616 mln. USD.
According to Oil World, for the period September - may 2017 global sunflower oil production will rise to 6.31 mln. tonnes, given 5.71 mln. tonnes a year earlier
8.056 mln. tonnes of grain have been exported from Argentina for the first quarter of 2017, which is by 18% less compared to the same period of the previous year.
