After three months of growth in grain prices was in August under the pressure of significant deals around the world.

Wheat prices fell more than 8% compared to the previous month as a result of good harvests in exporting countries, especially in the black sea region.

Export prices for the main types of coarse grains also fell in connection with the offering of a significant volume of exports, especially by the offer of corn in South America.

We will remind that the forecast of world cereal production in 2017/18 MG increased by 18.4 million tonnes to 2.61 billion tons, slightly exceeded the record level of the previous MG.

Photo: expansion.com