Overview of Current Procurement India’s wheat procurement for the year ending June 30 reached 26.6 million tonnes (mt), as reported by the Food Corporation of India (FCI). Although this figure […]
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Category: Grains
Grain Market News & Prices | Global Supply, Demand & Outlook
Increased Millet Production Expected to Lower Prices in Dalian
Anticipation of Price Drop Total millet production in Dalian is expected to increase in the new season. Under the expectation of falling prices, both farmers and millet merchants are holding […]
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Grain and Rapeseed Prices Continue to Rise as Barley Harvest Yields Disappoint
Rising Prices Amid Poor Harvest Outlook Grain prices are continuing their upward trend in early July, driven by increasingly poor harvest prospects across Europe. The initial results from the barley […]
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Wheat Sowing Area Decrease in the US Fails to Prevent Price Drop
USDA Report Diverges from Analyst Estimates The latest USDA quarterly reports on planted area and old crop stocks have once again diverged from analysts’ expectations. Despite large stocks and low […]
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Indian Exporters Advocate Fixed Duty on Rice Exports to Replace Ban
Lifting the Ban The Rice Exporters Association (TREA), a significant body representing non-basmati rice exporters, has made a compelling plea to the Indian Government. They propose lifting the ban on […]
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Significant Expansion in Corn Cultivation in Karnataka
Farmers Leverage Favorable Pre-Monsoon Conditions In Karnataka, the area under corn cultivation has seen a substantial increase due to favorable pre-monsoon showers. Despite the monsoon becoming erratic over the past […]
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Stable Buckwheat Prices in Dalian Amid Sufficient Domestic Supply and Low Import Costs
Sufficient Domestic Supply The domestic supply of buckwheat in Dalian remains sufficient, contributing to a stable market environment. Due to the low import prices, imported buckwheat enjoys a noticeable price […]
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Export Demand for Corn in Ukraine Fell Sharply due to a Drop in World Quotations
This week on the Chicago Stock Exchange, July corn futures fell by 7.1% (-10.2% for the month) on forecasts of increased stocks and sowing areas increase in the USA. On […]
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Türkiye May Extend Wheat Import Ban Amid Good Harvest and Large Stocks
Strong Harvest Forecast Türkiye is anticipating a wheat harvest of 21 million tons for the 2024/25 season, according to forecasts by the TurkStat Institute. This figure represents a 4.5% decrease […]
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Brazilian Corn Exports Drop Amid Low Port Prices and Market Delays
This Monday (17), the Foreign Trade Secretariat (Secex) reported that the volume shipped of unground corn (except sweet corn) reached 392,422.5 tons by the second week of June. The volume […]
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