Unchanged Production Forecasts Traders were closely monitoring the global corn balance data for the 2023/24 marketing year, expecting significant reductions in the corn crop forecasts for Brazil and Argentina. However, […]
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Category: Grains
Grain
Wheat Prices Decline Amid Optimistic USDA June Report
USDA Report Surprises Traders Wheat prices continued to decline following the release of the June USDA report, which presented more optimistic data than traders expected. Despite a forecasted drop in […]
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Millet Prices Expected to Drop Further with New Crop Arrivals
New Millet Crop Arrival Lowers Prices The arrival of the new Sathi millet crop in western Uttar Pradesh has led to a significant price decline. Over the past two days, […]
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The Areas Under Millet Decreased This Year in Ukraine
Ukrainian farmers who sow millet in 2023 had a bad experience and don’t want to sow millet again. Looking at purchasing prices for yellow millet in Ukraine now is 170-180usd/t […]
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Egypt Reduces Wheat Import Forecast and Raises Subsidized Bread Prices
Reduction in Wheat Imports Egypt, the world’s leading wheat importer, plans to reduce its wheat imports by 17% in 2024. This decision, announced by Egypt’s Minister of Supply and Internal […]
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Wheat Prices Decline Amid Turkish Import Ban and Egyptian Import Reduction
Market Overview Wheat prices saw a significant decline last week, falling by another 1.8-2% and marking an overall decrease of 6.5-8.2% for the week. This drop follows a two-month speculative […]
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Increased Millet Planting Area Anticipated to Boost Autumn Output
Expanded Planting Area and Expected Output In Dalian, the new season has seen an increase in the millet planting area, leading to expectations of a higher total autumn output. Market […]
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India Starts Importing Duty-Free Corn from Myanmar
Three Ships Arrive in Tamil Nadu from Myanmar India has started importing corn from Myanmar duty-free. Three ships have already arrived at VO Chidambaranar Port in Tamil Nadu’s Thoothukudi. They […]
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14% Increase in India’s Basmati Rice Exports
Impressive Start to the Fiscal Year The current financial year has commenced on a positive note for basmati rice exports, exhibiting a notable 14% increase in April. This growth builds […]
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Conab Demands Proof of Technical and Financial Capacity from Rice Auction Winners
Verification of Auction Winners The National Supply Company of Brazil – Conab has issued a mandate requiring commodity exchanges to verify the technical and financial capabilities of companies that won […]
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