Oil World reports that key grains import in China (wheat, corn, barley, sorghum) in December 2016 went down to 964,000 tons compared with 1.7 mln tons in December 2015.
Romania increased grain export to non-EU countries in November 2016, information from the European Commission. Export reached 735,000 tons of grain, which is 43% higher than November of 2015 while its value was +32% up to 125 mln Euro.
In its January report, Informa Economics Agency reduced its forecast for wheat fields in the USA in 2017 down to 45.8 mln acres with a forecast in December at 46.6 mln acres. USDA estimates areas of 48.5 mln acres.
Oil World announced that rapeseed import in the EU in November 2016 increased more than 100% compared with the previous year up to 301,000 tons (139,000).
100,000 of tons milling wheat from the USA at 173.53 – 254 USD/ton to be delivered between June 1 and July 5, 2017 were bought by South Korean companies at an auction on January 19, 2017.
