Yield Forecasts Reduced for Key Crops In their July report, experts from the MARS agency have lowered the yield forecasts for most agricultural crops in the EU, while slightly raising […]
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Category: Wheat
Wheat
Global Wheat Market Heats Up: Weather Woes Drive Prices Higher
The global wheat market is experiencing significant fluctuations due to a combination of adverse weather conditions and delayed harvests. In North America, extreme heat and drought are impacting major wheat-producing […]
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Ukrainian Farmers Exceed Last Year’s Harvest Pace Despite Lower Average Yields
Harvest Progress and Crop Yields Ukrainian farmers are actively harvesting, with the pace surpassing last year’s efforts. As of July 20, 2023, 15.7 million tons of grain and oil crops […]
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Heat Waves and Drought Threaten Agricultural Production in Türkiye
Extreme Weather Impacts The intense heat waves affecting Türkiye and the rest of the world are not only posing risks to human health but also disrupting the balance of the […]
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Abnormal Heat in Black Sea Region and Canada’s Forecasted Heat Drive Price Increases
Heatwave Grips Black Sea Region Abnormal heat in the Black Sea region, coupled with forecasts of heat in Canada, remains a significant factor in supporting agricultural prices. A cyclone moving […]
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IGC Raises Global Wheat and Corn Production Forecasts for 2024/25
Increased Production Forecasts In its July 18 report, the International Grains Council (IGC) raised its forecasts for global wheat and corn production for the 2024/25 marketing year. The overall grain […]
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U.S. Wheat Market Dips As Futures Reach Three-and-a-Half-Month Low
Decline in U.S. Wheat Futures The recent decline in the wheat market, particularly the U.S. wheat futures hitting a three-and-a-half-month low, is a significant development. This trend, influenced by new […]
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German Farmers’ Association Lowers 2024 Harvest Forecast Amid Adverse Weather
Impact of Prolonged Adverse Weather The Association of Farmer Cooperatives in Germany has significantly reduced its forecast for the 2024 harvest due to prolonged adverse weather conditions. Persistent rains are […]
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Canada Invests Up to 3.04 Million CAD in Atlantic Region’s Grain and Oilseed Research
Five-Year Investment Plan The Canadian Government has announced a significant investment of up to 3.04 million CAD over the next five years to support grain and oilseed producers in Atlantic […]
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Wheat Prices Drop Amid Increased Harvest Forecasts for Russia
Wheat Price Decline Wheat prices have fallen by 2.3-3.5%, driven by increased harvest forecasts for Russia and the latest USDA report. Despite abnormal heat in Ukraine and southeastern Europe, which […]
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