According to information from Oil World, oilseeds import in China grew significantly in February 2017. Soybean import reached 5.54 mln tons (4.51) including 4.43 mln tons (3.89) soybean from the USA and 0.69 mln tons (0.27) from Brazil.
Corn harvesting in Argentina is in full blast according to report from Buenos Aires Grain Stock Exchange. As of March 23, 2017, 8.1% of the areas have been harvested including 16% of early sorts areas.
Weekly American 2016 wheat export sales were at the upper end of the expectation level – 250,000 – 450,000 tons. The result has been achieved despite the large volume of cancelled contracts.
According to information from the Chinese National Information Centre for Grains and Oilseeds, grain import in the country grew rapidly in the past month.
On April 3, 2017 Morocco will carry out an auction for the purchase of 132,000 tons of soft wheat. The wheat may be either domestic produce or imported.