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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Category: Wheat
Wheat
Ukraine Achieves Nearly 59 Million Tonnes in Total Grain Harvest
As of February 15, 2023, Ukraine has reported a significant milestone in its agricultural sector, with the total grain harvest reaching close to 59 million tonnes. Operational data provided […]
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Wheat Prices Decline Despite Projected Reduction in US Acreage
USDA’s Acreage Forecast Indicates Decrease in Corn and Wheat Plantings The U.S. Department of Agriculture (USDA) has unveiled its initial acreage forecast for 2024, revealing anticipated reductions in corn and […]
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Grain Market Sees Selloff Ahead of Usda’s AG Outlook Forum, Analysts Anticipate Higher Ending Stocks
The grains market experienced a significant selloff attributed to positioning ahead of the USDA’s Agricultural Outlook Forum slated to commence on Thursday. Analysts predict the agency will report higher ending […]
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Rise in Dollar Rate Halts Decline in Wheat Purchase Prices in Ukraine
Following a brief decline, export prices for wheat in Ukraine witnessed a slight uptick in hryvnia, thanks to a rapid surge in the dollar exchange rate. This development, occurring over […]
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Wheat and Grain Markets Showing Signs of Wanting to Move Higher
On February 13, the wheat market started with a decline due to the weight of Russian wheat. The upcoming Russian harvest appears promising, but uncertainties loom regarding the price at […]
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Cereal and Oilseed Balance Update for 2023/24: Insights From the European Commission’s January 2024 Report
The cereal and oilseed balance for the 2023/24 campaign, updated by the European Commission to January 2024, was compiled by Tofio Catön, Director of Herbaceous Crops at the Spanish Agri-Food […]
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U.S Agricultural Exports Hit 3-Year Low in 2023
In 2023, the United States experienced a significant downturn in agricultural exports, reaching a three-year low. According to data from the US Bureau of Statistics, exports of agricultural products amounted […]
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How Much Further Will Grain Prices Fall?
Last Thursday, the US Department of Agriculture released its monthly harvest forecast report (WASDE report). On Friday, wheat made a strong start, especially MATIF,which fought the downward trend in the […]
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Pressure on Soybean and Corn Prices Due to Rainfall Forecasts in Argentina and Brazil
Rain is coming After a long period of dry and hot weather, most of Argentina will experience heavy showers over the weekend and temperatures will return to normal. Another front […]
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