According to Oil World, during the period October - June 2016 – 2017 global export of soybean meal from the 5 top global exporters declines by 1.3 million tonnes to 44.7 million tonnes.
According to Transagent, during the week July 10 – 16, 189,597 tonnes of grain were exported from the Russian port of Novorossiysk, by 80.8% more than the previous week and by 44.8% more than the same week last year.
Tunisia purchased 42,000 tonnes of milling wheat at 204.07 – 208.29 USD/mt, C&F and September 20th – 30th shipment.50,000 tonnes of feed barley were purchased as well at price of 182.39 - 187.24 USD/mt C&F.
According to the European Commission, during the period July 1 – 11 217,000 tonnes of soft wheat were exported from the EU given 863,000 tonnes a year earlier.
On Thursday all crop prices in Chicago continue to drop sharply, this time much more than the previous day. In Paris prices also went down significantly and the leader was rapeseed.
According to July forecast of USDA, in 2017 – 2018 global corn production will reach 1,036 million tonnes by 5 million tonnes more than the June forecast and by 32 million tonnes less than in 2016 – 2017.
Analysts of USDA raised their estimates for the soybean crop in the world in 2017 – 2018 up to 345 million tonnes compared to 344.7 million tonnes in the previos forecast and 351.7 million tonnes in 2016 – 2017.
