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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Category: Wheat
Wheat
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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EU Wheat Production Forecast Adjusted Downwards by Stratégie Grains Analysts
March Report Highlights In the latest report from Stratégie Grains, analysts have revised downwards their forecast for total wheat production in the European Union for the 2024/25 fiscal year. The […]
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Russian Federation Ramps Up Wheat Exports in Anticipation of Record Harvest
In anticipation of a forthcoming record harvest, the Russian Federation is accelerating its exports of wheat, aiming to diminish stocks and stabilize prices globally. As the world’s leading grain exporter, […]
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Argentine Floods Pose Harvest Challenges but Boost Future Prospects
Recent heavy rains in Argentina are posing challenges for the upcoming harvest season but are also raising hopes for improved prospects in the future, reports Reuters. The downpours have caused […]
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CBOT Grain Futures Retreat Amidst Mixed Market Signals
Market Volatility: Unpacking the Factors Influencing Grain Prices After experiencing several weeks of steady-to-higher prices, CBOT grain futures faced downward pressure as soybeans tested the 50-day moving averages and palm […]
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Russian Wheat Export Prices Dip Below $200/tonne Amidst Increased Sales
Market Dynamics: Analyzing the Shifts in Wheat Pricing Export prices for Russian wheat, boasting 12.5% protein content, witnessed a notable decline last week, dropping by $9.5/tonne to reach the range […]
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UGA Anticipates Decrease in Grain and Oilseed Harvest in Ukraine
Harvest Hurdles: Ukraine Faces Grain and Oilseed Production Challenges According to reports from the Ukrainian Grain Association (UGA), the forecast for grain and oilseed crops in Ukraine for 2024 points […]
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After Algeria’s Purchase, Wheat Futures in USA Drop Further by 1.6-3.9%
Following Algeria’s recent tender, wheat futures on global exchanges continued their downward trend, experiencing a decline of 1-3.9%. This decline comes despite increased purchases by major importing nations, indicating ongoing […]
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