In the June report of USDA analysts, the forecast of the global wheat production in 2023/24 MY was announced at 800.2 mln tonnes, compared to 789.76 mln tonnes expected in […]
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Category: Wheat
Wheat
USDA Report not Supportive for Grain Markets
European Grain Markets With increased production and stocks in key producers and exporters in grain markets, the EU included, the USDA report can hardly be described as price supportive. The […]
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Grain Markets Eyes on USDA Report
European Grain Markets Without any new specific reason besides the ones we already know (a blown dam, a fertilizer pipeline, military offensives and threats of not extending the grain corridor), […]
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India Has Enough Wheat This Year
Currently 26 Million Tonnes of wheat have been procured In the season of 2023, wheat procurement is sufficient enough in India. The Government is hopeful that there is sufficient stock […]
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Chinese Wheat Affected by Heavy Rains
China’s intentions to harvest a record wheat crop were dashed by heavy rains in May that flooded wheat fields in the country’s major agricultural provinces just before the harvest was […]
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Wheat Prices Rise After Ukrainian Dam Breach
According to the results of trading on June 6, wheat quotations on the CBOT exchange up to a three-week high – $230.6 (+$1.3) per tonne in response to the destruction […]
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Are Wheat Prices Recovering?
After falling last week to the lowest level since 2021, wheat prices on global exchanges began to recover amid increased speculative demand and purchases by importers. They are also supported […]
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Grain Initiative: Inspections Almost Stopped but Is There a Plan B?
The Joint Coordination Center has not inspected the ships within the Black Sea Grain Initiative, since the beginning of June: neither at the entrance of Ukrainian ports nor at the […]
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FAO Released the First Estimates of the World Grain Production
According to the first preliminary forecasts of analysts of the Food and Agriculture Organization of the United Nations ( FAO ), the volume of world grain production in 2023/24 MY […]
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Drought Spreads in the United States and Brazil
In the Midwest of the United States, the drought is strengthening, which will sharply worsen the condition of soybeans and corn. The heat of 30-33 °C without precipitation, which began […]
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