International Agencies vs. Ministry of Agriculture Forecasts Global agencies have assessed India’s wheat output for the 2023-24 crop year at about 110 million tonnes, contrasting with the Indian Ministry of […]
Read moreCategory: Grains
Grain
Stability Expected in China’s Buckwheat Market Amid Supply and Demand Dynamics
In Dalian, China, buckwheat traders are experiencing stable reference prices, albeit with slight localized weakness, influenced by supply and demand factors. The market outlook indicates a continuation of stability in […]
Read moreChicago Board of Trade Market News Outlook
CBOT Futures Update: Bottoming Action Continues Bottoming action persists in CBOT futures this week as prices oscillate sideways to higher. The downtrend observed since October 2023 remains a significant resistance […]
Read moreCorn Prices Begin at €198/ton at Leon Market in Spain
Positive Start for Corn During yesterday’s market meeting in Leon, it was decided to start pricing corn at €198/ton. The decision reflects optimism surrounding the recent good performance of international […]
Read moreCanadian Grain Harvest Forecasts See Growth for 2024/25 Season
Increase in Wheat and Barley Production In its latest report released in March, the Ministry of Agriculture of Canada has raised its forecasts for the grain harvest for the 2024/25 […]
Read moreIndia’s Basmati Rice Export Milestone Is To Surpass $5 Billion Benchmark
India’s Triumph in Fiscal Markets India’s basmati rice exports are poised to surpass the historic $5 billion milestone in the current fiscal year. This is due to the robust demand […]
Read moreUSDA Expected to Adjust US Corn Acreage Estimates
Market Anticipates Revision Amidst Favorable Weather Conditions Analysts are forecasting that the United States Department of Agriculture (USDA) will revise its projections for planted acreage, particularly concerning corn, due to […]
Read moreHarvest in Argentina and Completion of Planting in Brazil: Crop Update
As of March 13, Argentina has begun harvesting its corn crop, with approximately 1.99 million tons already threshed, according to the Buenos Aires Grain Exchange. This represents 3% of the […]
Read moreWheat Prices Face Pressure Amid Black Sea Tensions and Concerns over Shortening Depths
This week in agriculture kicks off with apprehensions over tensions in the Black Sea region and concerns about the impact on wheat prices, starting the narrative in green hues. Demand […]
Read moreGlobal Wheat Prices Hold Firm Amid Supply Pressure; Ukraine Sees Continued Increase
Despite Challenges, Ukrainian Wheat Market Shows Resilience In Ukraine, purchase prices for food wheat surged by $5-8/t to $165-170/t due to a shortage of offers, while prices for fodder wheat […]
Read more