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.
According to Oil World, in May India increases the purchases of soybean oil, which allows Argentina to raise its export up to 570 000 tonnes from 520 000 tonnes in May 2016.
The Union of German cooperatives (DRV) lowered its forecast for grain yields in Germany for the current season from 46.7 mln. tonnes down to 45.4 mln. tonnes.
