According to Oil World, in October - May 2016 – 2017 sunflower oil export from the three major exporters - Russia Ukraine and Argentina will be 6.17 million tonnes, by 1.3 million tonnes more than the previous year and an all time record high.
On Tuesday wheat and soybeans prices in Chicago rose and corn remained stable. In Paris rapeseed went up. There were no significant variations of wheat and corn prices.
Wheat harvest in France has already started. Yield is below the average, but grain quality is very good. Relative weight is 800kg/m3, at protein content of 12%.
Russia will enter the new economic year, which starts on July 1st 2017 with exports of 2.3-2.5 million tonnes of grain, according to Russagrotrans's estimate. In July 2016, the export was 2.55 million tonnes.
Unrefined sunflower oil production in Ukraine for the period January - May 2017 reaches 2.4 million tonnes, by 33% more than the same period last year.
