From the beginning of the current season (July 1st, 2016) until May 23rd, 2017 21.8 mln. tonnes of soft wheat were exported from the EU incl. 4.3 mln. tonnes of French wheat, by 21% less compared to the same period last year.
On May 23rd, 2017, Jordan cancelled an auction for the purchase of 100 000 tonnes of hard milling wheat of optional origin, for October - November shipment. New auction was announced.
According to Oil World's latest forecast, global production of the seven key crops will reach the record 549.5 mln. tonnes in the current season which is by 3.1 mln. tonnes more than the previous estimate and by 10% more than the previous year.
