An Overview of the Wheat Market The Indian government has unveiled the Open Market Sale Scheme (OMSS) policy for wheat. Understanding this policy is crucial for exporters to effectively manage […]
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Wheat Market News & Prices | Global Supply, Demand & Outlook
An Overview of the Wheat Market The Indian government has unveiled the Open Market Sale Scheme (OMSS) policy for wheat. Understanding this policy is crucial for exporters to effectively manage […]
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Rising Pressure on Global Wheat Prices World wheat prices are under pressure due to a significant increase in the wheat harvest forecast for the Russian Federation. Last year, Russia accounted […]
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Weather conditions in Ukraine and the Russian Federation that are not very favourable for winter wheat will reduce the harvest and export potential for both countries. Therefore, traders keep purchasing […]
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The new marketing season began on July 1, so it is time to sum up the season 2023/24. In MY 2023/24, Ukraine exported 69.86 million tons of grains and oilseeds, […]
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Unfavorable Weather Conditions Weather conditions that are not favorable for winter wheat in Ukraine and Russia will reduce both countries’ harvest and export potential. As a result, traders are maintaining […]
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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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USDA Reports Surprise Traders The USDA’s quarterly U.S. seeded area and old-crop stocks reports, released on the last Friday of June, often surprise traders, and this year was no exception. […]
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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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Implementation of the Essential Commodities Act The Indian Government has invoked the Essential Commodities Act to impose stock limits on wheat. This decision aims to stabilize domestic prices and prevent […]
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Yield Forecast Reductions In its June report, the MARS agency has reduced the yield forecasts for nearly all major agricultural crops in the EU. Despite these reductions, the forecasts remain […]
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