Canadian Grain Commission aanounced that, during the current season, Canadian wheat export keeps below the average level for the past five years. 8.436 mln tons of wheat have been exported from Canada for the first 25 weeks of the season compared with 8.12 mln tons in the previous year and the average of 7.28 mln tons for the past five years.
Grain export from Russia may go down to 2.3 – 2.4 mln tons in February 2017 compared with 2.75 mln tons in Fabruary 2016, RusAgroTrans predicts. Preliminary data shows export was 2.45 mln tons, but levels are expected to drop.
Oil World analysts predict that sunflower production in the EU will grow up to 8.25 mln tons in 2016 - 2017, which is 0.66 mln tons more than 2015 - 2016.
In the week between January 13 and January 19, export wheat sales from the USA turned out to be the highest since the start of the season despite low expectations by analysts - 200 – 525,000 tons.
FAS USDA predicts that Turkey will increase wheat import up to 5 mln tons during the current season (June – July). Import went down to 4.382 mln tons of wheat in the previous season, which is much lower than usual. This was due to the record yield.
Oil World reports that Argentina exported 79,000 tons of soybean in December 2016 compared with 77,000 tons in December 2015. China was the biggest buyer with 69,000 tons (69,000).
FAS USDA predicts that wheat import in Algeria will be 8.0 mln tons during the current season (July - June) compared with 8.2 mln tons during the previous season while barley import will be 600,000 tons (900,000). The decreased import is due to the increase in the domestic crops up to 2.7 mln tons (2.0) and barley up to 1.3 mln tons (1.0).
Brazilian farmers have harvested 4% of the first harvest corn fields. Harvest tempo in the beginning of the campaign is faster than the average for the past five years.
Oil World reports that 61,000 tons of rapeseed oil were imported in China in 2016 compared with 106,000 tons in December 2015, which is much lower than expected on the market. 60,000 tons of rapeseed (72,000) were delivered from Canada.
