Brazil's National Supply Company Conab raised its forecast for the soybean production in Brazil for the current season from 110.2 mln. tonnes to 113 mln. tonnes.
Turkey officially announced that it resumes the import of Russian wheat. Earlier the country confirmed that it revokes the duty on import of sunflower oil.
According to Oil World's latest forecast, soybean yield in Argentina will reach 54-55 mln. tonnes in the current season, given 54.7 mln. tonnes in 2015 – 2016 and 60 mln. tonnes in 2014 – 2015.