The size of China’s vegetable oils market approximates 40 MMT, including 36 MMT used for food purposes.
This season’s exports (September-July 2018/19) hit a record high of 74.1 KMT (up 0.7% year-on-year).
GASC will hold a milling wheat tender for delivery on October 21 – 31 and November 1 - 10, 2019.
Despite a significant reduction of planted area, Ukraine is still among the five largest world producers of rye.
The wheat crop forecast in Ukraine was reduced by 0.5 MMT, while the estimate for exports remains at a record 19.5 MMT.
Warm, hot weather with no significant precipitation dominated the country on September 11-13.
USDA decreased its 2019/20 oilseed crop estimate for the Black Sea region by 0.4 MMT, to 46.098 MMT
Ukrainian exporters shipped abroad 6.156 MMT of wheat, 2.303 MMT of barley, 1.867 MMT of corn.
Аs of September 11, planting of winter grains has accelerated to 11.2% ahead of last year.
Australia exported 3.8 MMT of barley in July-June 2018/19, the least since MY 2008/09
Air temperatures in Romania are still above their long-term normal levels
Adapted from the 7th International Conference BlackSeaOil Trade, Julia Garkavenko, Oilseed market expert, UkrAgroConsult