Chicago Board of Trade Market News Outlook of Corn Market: Corn futures are 6 cents (1.2 percent) higher this week after a bearish initial reaction to the July WASDE gave […]
Read more
Category: Grains
Grain
Wheat Demand Flows Up: FCI’s Open Market Sale Scheme Shows Promising Results
The recent developments in the food grain market have showcased a remarkable upwelling in the off-take of wheat. The third round of e-auctions conducted by the Food Corporation of India […]
Read more
UN Offers Putin SWIFT in Exchange for Grain Deal
According to Reuters, UN Secretary-General Guterres offered Russian President Putin ‘SWIFT’ in exchange for extending the grain deal. United Nations (UN) Secretary-General Antonio Guterres offered Russian President Vladimir Putin SWIFT […]
Read more
USDA Lowered Its Forecast for the Global Wheat Production in the New Season by Almost 4 Million Tons
In the July report, USDA analysts lowered the forecast of global wheat production in 2023/24 MY to 796.6 mln tonnes compared to June estimate (800.2 mln tonnes), which is higher […]
Read more
Mass Harvesting of Rape and Grain Crops in Belarus Is Scheduled to Start On July 18-20
Mass harvesting of rapeseed and grain crops in Belarus is scheduled for the end of the second half of July. Nikolai Leshik, head of the main plant growing department of […]
Read more
Rice Prices in Asia Hit a Two-Year High Due to El Niño Phenomenon
Against the backdrop of the strengthening of El Nino, rice prices in Asia have reached a two-year high, Bloomberg reports. According to the Rice Exporters Association of Thailand, the most […]
Read more
Corn in Argentina Was Harvested From Half of the Planned Areas
According to the monitoring of the Buenos Aires Grain Exchange, as of July 5, Argentina harvested corn on 3.56 mln ha, which is 52% of the planned area. The current […]
Read more
Grain Prices Fell to a Two-Year Low on the Global Market
The World Agricultural Price Index fell to its lowest level in two years in June this year, due to cheaper sugar, oil, dairy products and cereals, FAO reports. The FAO […]
Read more
Indian Rice Exports Show Promising Growth in April-May, Led by Basmati Shipments
Overall exports of Basmati and Non-Basmati rice have increased The growth in Indian rice exports reflects a robust demand for basmati rice, driven by its superior quality and unique aroma. […]
Read more
Grain Markets: Will Turkish Ships Protect Ukrainian Grain?
European Grain Markets With a rising euro and harvest gaining momentum in the Northern Hemisphere, grain markets at Matif weakened on Friday Although wheat still managed to close positive for […]
Read more