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Grains And Oilseeds News In Brief

South Korean company Major Feedmill Group (MFG) bought 60,000 tons of corn of random origin at 197.75 USD/ton to be delivered before 20.07.2017.

News From Russia And Ukraine

Over the year 2017, sunflower areas in Ukraine will go down by 5 – 7% versus 2016 to 5.75 mln hectares while the yield will drop by 9% to 12.8 mln tons.

USA: Export Wheat Sales Grow Bigger Than Last Year

Following two consecutive weeks of very good export sales of American wheat, last week brought sales lower than the upper level expected on the market – 250,000 – 450,000 tons, which is related to wheat growing more expensive in Chicago.

FAS USDA Forecasts For Brazil

According to the latest FAS USDA forecast, corn yield in Brazil will reach the record 93 mln tons, which is 39% more than the previous season, which was affected by serious drought.

Grains And Oilseeds News In Brief

Over the first 36 weeks of the current season, 12.1 mln tons of wheat were exported from Canada, which was 18% less than the current season, CGC reported.