Agroconsult raises Brazil 2017-18 soy crop view to record 117.5 mln T

ARLINGTON, Va., Feb 23 (Reuters) - Brazilian soy farmers are
expected to harvest a record 117.5 million tonnes of soybeans in
the 2017/18 crop cycle, a top executive at Brazil-based
consultancy Agroconsult said on Friday.

The forecast for the world's top soybean exporter was up
from the consultancy's expectation last month for a crop of
114.1 million tonnes and would be above the record harvest in
the previous crop year of 114.6 million tonnes.

Germany/Futtermittel - Feeds prices - February 23, 2018

3. German Grain Cash Prices Feb 23
Lowest known bids in EUR/t, delivered.
At local time 11:30 GMT.
Barley, min 62-63 kg/hl
Hamburg,Eur/t,Delivered
bid offers change
Delivered Hamburg Feb 18 166,00 170,00 +1.00
Delivered Hamburg Mar 18 166,00 170,00 +1.00
Delivered Hamburg Sep 18 159,00 164,00 0.00
Ex Store Saxony Thüringen Feb 18 150,00 154,00 +1.00
Wheat, A-quality, 13 % min
Protein, Hagberg 275

UPDATE 1-Trump calls meeting on biofuels policy blamed by bankrupt refiner

(Updates with RIN price move in paragraph 7)

By Jarrett Renshaw

NEW YORK, Feb 23 (Reuters) - U.S. President Donald Trump has
called a meeting early next week with key senators and Cabinet
officials to discuss potential changes to biofuels policy, which
is coming under increasing pressure after a Pennsylvania refiner
blamed the regulation for its bankruptcy, according to four
sources familiar with the matter.

French grain groups Cap Seine, Interface eye export boost in merger

PARIS, Feb 23 (Reuters) - French agricultural cooperatives
Cap Seine and Interface Cereales have agreed to merge in a deal
they hope will boost grain exports through the northern port of
Rouen.

The merger, which will be put to the cooperatives' farmer
members by the end of the year, will create a combined group
handling 2.4 million tonnes of grain per year and with annual
sales of 1.2 billion euros ($1.5 billion), Cap Seine and
Interface Cereales said in a joint statement on Friday.

India's Sakuma Exports sets sights on Ruchi Soya purchase

MUMBAI, Feb 23 (Reuters) - Commodities trader Sakuma Exports
has submitted an expression of interest to acquire
leading Indian edible oil importer and retailer Ruchi Soya
, it said on Friday.

Ruchi Soya is in the midst of an insolvency resolution
process with India's National Company Law Tribunal (NCLT)

The proposed acquisition would allow Sakuma to enter the
retail market using Ruchi Soya's existing distribution network,
said Sakuma managing director Saurabh Malhotra.

RPT-Flooding cripples grain barge shipments on U.S. Midwest rivers

(Repeats Feb. 22 story for wider distribution.)

By Karl Plume

CHICAGO, Feb 22 (Reuters) - Grain barge shipping came to a
near standstill in parts of the U.S. Midwest on Thursday as
recent heavy rain and melting snow swelled rivers, halted barge
loading and sidelined the towboats that haul farm belt crops to
Gulf Coast export terminals.

UPDATE 1-Malaysia's FGV aims to increase land bank, palm oil output

(Updates with quotes, details, background)

KUALA LUMPUR, Feb 23 (Reuters) - Malaysia's Felda Global
Ventures Holdings Bhd (FGV), the world's third biggest
palm plantation operator, said on Friday it aims to increase its
land bank this year and reduce the age profile of trees to
improve output over the next three years.

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