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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Category: Wheat
Wheat
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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Ukrainian Farmers Complete Spring Sowing and Begin Harvesting 2024 Crop
Spring Sowing Campaign Successfully Concluded Ukrainian farmers have wrapped up the spring sowing campaign, covering nearly 13 million hectares of spring crops, according to the Ministry of Agrarian Policy. This […]
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Wheat Prices in Ukraine Hit Wartime Highs Before Stabilizing
Record High Prices in Black Sea Ports Wheat export purchase prices in the Black Sea ports of Ukraine have reached their highest levels since before the war, hitting $215-220 per […]
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Karnataka Targets Robust Foodgrain Production for Kharif 2024-25
The Ambitious Target Karnataka is setting an ambitious target for foodgrain production in the 2024-25 kharif season, aiming to achieve an output of 11.2 million tonnes (mt) from approximately 5.75 […]
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Ukrainian Wheat Prices Continue to Increase
High prices for European wheat increase export demand for Ukrainian wheat, which rose in price by 25-30% during May. During this week, purchase prices for wheat in Ukraine increased by […]
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Higher Wheat Yields by 10%: Achievable with NGT Varieties
Australia Begins Extensive Testing of Genetically Modified Wheat Preparatory work for extensive testing of genetically modified wheat has commenced in Australia. The local firm, InterGrain, is cultivating hundreds of wheat […]
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UGA Lowers 2024 Crop Estimate of Grains and Oilseeds
Lower Harvest Projection The Ukrainian Grain Association (UGA) has revised its forecast for the 2024 harvest, lowering it by 1.5 million metric tons (MMT) to a total of 74.6 MMT […]
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EU’s High Tariffs on Russian and Belarusian Grain Imports Sparks Russian Outrage
European Union (EU) countries have decided to impose high tariffs on grain and some agricultural products imported from Russia and Belarus.European Union (EU) countries have decided to impose high tariffs […]
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