Evaluation of carryover stocks of wheat on July 1, 2019 was increased to 6.47 million tons from 5.37 million tons in December, the wheat harvest in 2018 to 71.6 million tonnes from 70 million tonnes, respectively.
Exports of feed grains from Russia US Department of agriculture in February estimated 7.96 million tons against of 7.78 million tonnes in December. The forecast of gathering of grain reduced significantly - to 34.67 million tons against 34,73 million tons, carryover stocks increased to 1.06 million tonnes as against 1.02 million tonnes, respectively.
The forecast of world wheat harvest upgraded to 734,75 million tonnes 733,41 million tons of coarse grains is decreased to 1 billion 372,14 million tons 1 billion 373,61 million tons.
Source: Agrovestnik
Translated by service "Yandex.Translation"