The Indian State Agency increases the purchased wheat for the state fund. Some reasons will prevent the completion of the ambitious plan in the current season.
For the first seven months of the current season (September 2016 – August 2017) 34.7 million tonnes of corn have been exported from the US, which is 67% more than the previous season.
According to Oil World, in April key suppliers of soybean exported 2 mln. tonnes more production, compared to April 2016, up to 15.07 mln. tonnes, which is a record level for this month of the year.
Since the beginning of the current season the Egyptian State Fund has bought 500,000 tons of wheat from the local farmers. 3.8 million tonnes of wheat are planned to be purchased until the end of the campaign.
2016 – 2017г 37.2 mln. tonnes of grain have been exported from the country. 15.8 mln. tonnes of wheat, 5.13 mln. tonnes of barley and 16 mln. tonnes of corn have been exported.
