On March 15, 2017 Egypt's state sompany GASC bought 415,000 tons of wheat from Russia, Ukraine and France to be delivered between April 15 and April 25.
According to information from market operators, farmers in Argentina will start soybean harvesting in two weeks’ time. First yield soybean is now ripening.
According to an FAS USDA forecast, in 2017 – 2018 oilseed yield in Turkey (sunflower, soybean and cotton) will grow by 11% versus the current season up to 2.71 mln tons.
On March 15, 2017 Egypt's state company GASC carried out an auction for the purchase of wheat and received a record number of offers. Wheat delivery is to be made between April 15 and April 25, 2017.
During the current year, American farmers will reduce corn and wheat areas at the expense of soybean. Soybean will be sowed on record high areas according to Allendale Inc.
According to USDA's March report, the estimate for oilseed yields in the Balck Sea region in 2016 – 2017 has been increased by 120,000 tons up to 26.811mln tons.
