The global wheat market witnessed a significant downturn, with wheat quotations on world exchanges experiencing a substantial decline of 2.3-4.2%. The shift from March to May contracts prompted traders to […]
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Category: Wheat
Wheat
Kazakhstan Faces Wheat Export Challenges Amidst Strong Barley Demand
The latest report from FAS USDA sheds light on Kazakhstan’s agricultural export outlook for the 2023/24 marketing year, indicating a potential decrease in wheat and wheat flour exports, offset by […]
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Ukraine Reports 3.4% Increase in Agricultural Exports in February
In February 2024, Ukraine saw a notable uptick in the export of agricultural products, marking a 3.4% increase compared to January, totaling 8 million tons. However, logistical challenges posed delays […]
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Türkiye Implements Higher Import Tariffs on Main Grains, Stirring Industry Reactions
The Turkish grain industry and agricultural sector anticipated a government move to increase import tariffs on major grains, according to Onat Angi, Chairman of SOLVENTUM AS. However, the scale of […]
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Georgia Extends Duty on Flour Imports to Bolster Domestic Wheat Market
The Georgian government has announced the extension of the temporary duty on flour imports until September 1, 2024, as part of efforts to bolster the domestic wheat market. Initially introduced […]
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Russian Wheat Imported Into Kazakhstan in 2023 Will Increase by 20%.
In 2023, Kazakhstan significantly increased imports of Russian wheat, according to official statistics, APK-Inform reports. For 12 months of 2023, 1.988 mln tonnes of wheat were imported to the Republic […]
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Kazakhstan Boosts Grain Shipments to China
In a notable development, the volume of rail transportation of Kazakh grain cargo to China has witnessed a significant surge in the second half of February 2024, following several weeks […]
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There Is Uncertainty Of Prices As New Wheat Arrive The Market
Excessive Government Control As the annual wheat season arrives, traders and millers find themselves in a quandary. The government’s decision to cease the open market sales scheme (OMSS) during procurement […]
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Wheat Prices Rally as EU Crop Forecasts Decline
Wheat prices experienced a notable uptick this week, rising by 1.4-2.3% amid downward revisions in crop forecasts within the EU. Despite prevailing challenges such as sluggish demand and ample stockpiles, […]
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China’s Dominance in Global Agricultural Trade Set to Continue, USDA Report Finds
In a recent report by the USDA, projections for the next decade highlight China’s pivotal role in driving global agricultural trade. Emerging regions such as Africa, the Middle East, Southeast […]
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