Wheat prices experienced a notable uptick this week, rising by 1.4-2.3% amid downward revisions in crop forecasts within the EU. Despite prevailing challenges such as sluggish demand and ample stockpiles, […]
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Category: Wheat
Wheat
China’s Dominance in Global Agricultural Trade Set to Continue, USDA Report Finds
In a recent report by the USDA, projections for the next decade highlight China’s pivotal role in driving global agricultural trade. Emerging regions such as Africa, the Middle East, Southeast […]
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Wheat Purchases at FCI E-Auctions in India Experience a Slight Decline
Downtrend in The Prices In the latest auction held by the Food Corporation of India (FCI), wheat purchases saw a modest decrease. Despite steady prices, the uptake reduced from 96% […]
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EU Increases Exports of Cereals and Oilseeds to China
EU Countries Are Increasing Exports of Agricultural Products to China Citing data from the European Commission, grain shipments from the EU to China more than doubled in 2023, soaring from […]
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Indonesia Boosts Imports of Low-Quality Wheat Amidst Grain Shortage
Indonesia is witnessing a surge in the importation of low-quality wheat, with recent contracts for 300,000 tons of Black Sea wheat. This move aims to address a shortage in […]
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EU Increases Russian Grain Purchases by 10 Times
Russia is selling more and more grain to the EU. According to Eurostat data and analysed by Tofio Catön, Director of Field Crops at the Agriculture-Food Cooperatives, Russian grain purchases […]
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India to Witness Reduced Wheat Production in 2024, but Record Rapeseed Crop Expected
India is poised to experience a significant shift in its agricultural landscape in 2024, with projections indicating a decrease in wheat production accompanied by a record-breaking rapeseed harvest. According to […]
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A Record Number of Vessels Pass through the Ukrainian Sea Corridor
For two days in a row, on February 17 and 18, 16 vessels left Ukrainian sea ports. This is a record figure for the entire period of operation of the […]
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Russia Upbeat on Wheat, Cautious on Sunflower Oil Exports
Center for Price Indexes Releases Revised Forecasts The Center for Price Indexes, a subsidiary of Gazprombank, has recently published its updated quarterly consensus forecast on exports from the Russian Federation […]
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World Wheat Prices Experience Significant Decline
Market Overview Worldwide wheat prices have witnessed a notable downturn over the past week, with quotations on major exchanges dropping by 3-6.6%. This decline is attributed to substantial stocks, […]
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