Amidst low global prices and a shortfall in domestic production, China is anticipated to set a record for grain and oil crop imports in 2024. Despite recent cancellations of previously […]
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Wheat
Indian Wheat Production: Global Estimates vs. Domestic Projections Wheat Crop Forecasts and Procurement Challenges in India
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 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 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 moreIGC Forecasts Record Global Grain Production for 2024/25 Marketing Year
The International Grains Council (IGC) has revised its global grain production forecasts for both the current and upcoming marketing years (MY). Here are the highlights from their latest report: Global […]
Read moreEU Wheat Production Forecast Adjusted Downwards by Stratégie Grains Analysts
March Report Highlights In the latest report from Stratégie Grains, analysts have revised downwards their forecast for total wheat production in the European Union for the 2024/25 fiscal year. The […]
Read moreRussian Federation Ramps Up Wheat Exports in Anticipation of Record Harvest
In anticipation of a forthcoming record harvest, the Russian Federation is accelerating its exports of wheat, aiming to diminish stocks and stabilize prices globally. As the world’s leading grain exporter, […]
Read moreArgentine Floods Pose Harvest Challenges but Boost Future Prospects
Recent heavy rains in Argentina are posing challenges for the upcoming harvest season but are also raising hopes for improved prospects in the future, reports Reuters. The downpours have caused […]
Read moreCBOT Grain Futures Retreat Amidst Mixed Market Signals
Market Volatility: Unpacking the Factors Influencing Grain Prices After experiencing several weeks of steady-to-higher prices, CBOT grain futures faced downward pressure as soybeans tested the 50-day moving averages and palm […]
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