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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Category: Wheat
Wheat
Ukrainian Grain Exports Near 50 Million Tons for Current Season
Record Export Volumes As of June 21, Ukraine has exported an impressive 49.54 million tons of grains and legumes since the beginning of the 2023/24 marketing year, according to the […]
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Government’s Silence on Wheat Imports. What’s Keeping Farmers from Selling Their Produce?
Current Wheat Supply Situation The wheat industry in India is grappling with significant challenges, including limited availability in local markets and the suspension of sales under the Open Market Sale […]
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Ukraine’s Grain and Leguminous Exports Rise by 3.7% in 2023/2024 Season
As of June 19, in 2023/2024, Ukraine exported 49 million 274 thousand tons of grain and leguminous crops. This is 1 million 784 thousand tons or 3.7% more than last […]
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Early Harvest in Ukraine Boosts Wheat Production and Export Potential
The estimate for the wheat harvest in Ukraine is approximately 21 million tons.Approximately 5 million tons of this is barley and 4 million tons is rapeseed.This exceeds the average of […]
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Speculative Wheat Price Collapse Accelerates, Leading to Decreased Export Demand for Wheat in Ukraine
Global Wheat Market Volatility The global wheat market remains highly volatile, driven by speculative trading that reacts sharply to weather-related news. Recently, this volatility has led to a significant decline […]
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Wheat Prices Drop Sharply, Erasing Gains Since Early May
Price Declines Amid Favorable Conditions Wheat prices on global exchanges continued their decline, falling by 2.5-6% over the past week, completely nullifying the growth seen since early May. This drop […]
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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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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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