At the end of July palm oil stocks in Indonesia reached a record high of 1.78 million tonnes - the highest level since April 2016 and with the highest monthly growth since April 2015.
A group of Taiwanese companies MFIG should have already carried out a tender yesterday for the purchase of 130 000 tonnes of corn for October - November shipment.
On Tuesday crop prices in Chicago moved in both directions but the variations were not big. In Paris rapeseed price rose significantly and wheat and corn remained stable..
The National Australia Bank lowered its forecast for the wheat crop in the country in 2017 – 2018 by another 600,000 tonnes down to 22.7 million tonnes.
According to China's Customs Head Office, in July 2017, the country imported 10.08 million tonnes of soybeans, which is 30% more than in July 2016. - 7.76 million tonnes and is the maximum monthly level from 2010 until now.
In the last few weeks Chinese importers were constrained to re-sell about 500,000 tonnes of soybeans due to large quantities of soybeans that weren't unloaded from the ships.
