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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Category: Wheat
Wheat
Crop Reduction in Russia Supports High Starting Prices for Wheat in Ukraine
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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India’s Wheat Procurement – Challenges and Strategies for Exporters
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 Raises Corn Acreage Forecasts, Cuts Soybeans and Wheat
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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Türkiye May Extend Wheat Import Ban Amid Good Harvest and Large Stocks
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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Indian Government Imposes Wheat Stock Limits to Stabilize Prices and Prevent Hoarding
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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MARS Agency Lowers Yield Forecasts for Wheat, Corn, and Rapeseed in the EU
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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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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