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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Tag: grain
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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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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EC Will Introduce Tariffs on Grain in the Amount of €95 per 1 Ton
The European Union is preparing to impose tariffs on grain imports from Russia and Belarus It will be the first restrictions on Russian food since the full-scale invasion in Ukraine. […]
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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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The Global Grains Market Exhibit A Bearish Stance In India
Bearish Trend Forecast The global grains market is forecasted to exhibit a bearish trend in the upcoming year, driven by the alleviation of supply pressures that accrued during the COVID-19 […]
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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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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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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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