The Union of German cooperatives (DRV) lowered its forecast for grain yields in Germany for the current season from 46.7 mln. tonnes down to 45.4 mln. tonnes.
According to Oil World, in April 2017 the global soybean export rose by 14 % compared to March up to 15.1 mln. tonnes and by 15% compared to April 2016
Analysts of USDA prognosticate, that in 2017 – 2018 global ending stocks of barley will decrease only to 17.5 mln. tonnes, by 29% less than the current season as this would be a 30 years low