India drops plan to increase levy on import of wheat.
Haryana govt to procure 8 MMT wheat.
Haryana govt to procure 8 MMT wheat.
Uttar Pradesh govt sets wheat procurement target at 5 MMT.
Uttar Pradesh govt sets wheat procurement target at 5 MMT.
Algeria buys wheat through tender.
Algeria buys wheat through tender.
Ukraine rapeseed exports in JanFeb grew 30%
Ukraine in January-February 2018 exported 84.23 thou. tons of rapeseed, which is 29.89% more than over the same period last year. For the year 2017 Ukraine traded abroad 2.14 million tons of rapeseed for the amount of USD 881.67 million. The major importers were the Netherlands, Belgium and Germany.
US bean exports to China sink 25% on Brazil record crop
Chinese imports of US soybeans fell by 25% in February compared with the same month a year earlier as Brazil’s bumper crop displaced US farmer supply. China imported 5.42 million mt of soybeans in February, with the US taking a 3.345 million mt market share versus 1.75 million mt from Brazil.
Estimates that the Brazil soybean crop is now 65% harvested
Brazil’s massive soybean harvest has reached 65% of the expected planted area, up seven percentage points on the week, but behind the 68% harvest level of last year.
Soybeans higher as USChina jitters ease, Argentina stays dry
Chicago soybeans rose on Monday as concerns over trade tensions between China and the United States eased, shifting attention back towards crop damage in Argentina. Corn also firmed, while wheat edged lower after touching a one-week high as investors assessed the impact of rain in parched US growing belts. The Chicago Board of Trade’s most-active soybean contract gained 0.5 percent to $10.33-1/2 a bushel after hitting a one-week peak of $10.40-1/4. Soymeal, of which Argentina is the world’s biggest exporter, was up 1 percent at $381.8 a tonne.