In a significant development for the wheat export market, Russia has ascended from fourth to second place among wheat exporters to Brazil, surpassing the United States and Paraguay. The latest […]
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Category: Wheat
Wheat
Wheat Prices Signal Impending Crisis of “Supply Surplus”
Global Wheat Prices Decline, Yet Türkiye Faces High Stocks While wheat prices worldwide dip below $200, Türkiye enters the 2024 season with high stocks. Favorable weather conditions are expected to […]
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Wheat Futures Maintain Upsurge Amidst Positive Market Sentiment
GASC Purchase Boosts Market Confidence The wheat futures market continues to rally as traders react positively to the latest purchase by the Egyptian Grain Procurement Authority (GASC) last Wednesday.A total […]
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Ukrainian Corn and Feed Wheat Are Traded at the Same Level
Corn prices tend to strengthening The restoration of demand in corn markets and the decrease in sea freight prices caused strengthening of prices in Ukrainian ports. As a result, traders […]
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China Poised to Set Import Record for Grain and Oil Crops in 2024
Amidst low global prices and a shortfall in domestic production, China is anticipated to set a record for grain and oil crop imports in 2024. Despite recent cancellations of previously […]
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Indian Wheat Production: Global Estimates vs. Domestic Projections
International Agencies vs. Ministry of Agriculture Forecasts Global agencies have assessed India’s wheat output for the 2023-24 crop year at about 110 million tonnes, contrasting with the Indian Ministry of […]
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Canadian Grain Harvest Forecasts See Growth for 2024/25 Season
Increase in Wheat and Barley Production In its latest report released in March, the Ministry of Agriculture of Canada has raised its forecasts for the grain harvest for the 2024/25 […]
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Wheat Prices Face Pressure Amid Black Sea Tensions and Concerns over Shortening Depths
This week in agriculture kicks off with apprehensions over tensions in the Black Sea region and concerns about the impact on wheat prices, starting the narrative in green hues. Demand […]
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Global Wheat Prices Hold Firm Amid Supply Pressure; Ukraine Sees Continued Increase
Despite Challenges, Ukrainian Wheat Market Shows Resilience In Ukraine, purchase prices for food wheat surged by $5-8/t to $165-170/t due to a shortage of offers, while prices for fodder wheat […]
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IGC Forecasts Record Global Grain Production for 2024/25 Marketing Year
The International Grains Council (IGC) has revised its global grain production forecasts for both the current and upcoming marketing years (MY). Here are the highlights from their latest report: Global […]
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