USDA Reports Surprise Traders The USDA’s quarterly U.S. seeded area and old-crop stocks reports, released on the last Friday of June, often surprise traders, and this year was no exception. […]
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Tag: wheat
Türkiye May Extend Wheat Import Ban Amid Good Harvest and Large Stocks
Strong Harvest Forecast Türkiye is anticipating a wheat harvest of 21 million tons for the 2024/25 season, according to forecasts by the TurkStat Institute. This figure represents a 4.5% decrease […]
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Indian Government Imposes Wheat Stock Limits to Stabilize Prices and Prevent Hoarding
Implementation of the Essential Commodities Act The Indian Government has invoked the Essential Commodities Act to impose stock limits on wheat. This decision aims to stabilize domestic prices and prevent […]
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MARS Agency Lowers Yield Forecasts for Wheat, Corn, and Rapeseed in the EU
Yield Forecast Reductions In its June report, the MARS agency has reduced the yield forecasts for nearly all major agricultural crops in the EU. Despite these reductions, the forecasts remain […]
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Ukrainian Grain Exports Near 50 Million Tons for Current Season
Record Export Volumes As of June 21, Ukraine has exported an impressive 49.54 million tons of grains and legumes since the beginning of the 2023/24 marketing year, according to the […]
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Government’s Silence on Wheat Imports. What’s Keeping Farmers from Selling Their Produce?
Current Wheat Supply Situation The wheat industry in India is grappling with significant challenges, including limited availability in local markets and the suspension of sales under the Open Market Sale […]
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Early Harvest in Ukraine Boosts Wheat Production and Export Potential
The estimate for the wheat harvest in Ukraine is approximately 21 million tons.Approximately 5 million tons of this is barley and 4 million tons is rapeseed.This exceeds the average of […]
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Speculative Wheat Price Collapse Accelerates, Leading to Decreased Export Demand for Wheat in Ukraine
Global Wheat Market Volatility The global wheat market remains highly volatile, driven by speculative trading that reacts sharply to weather-related news. Recently, this volatility has led to a significant decline […]
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Wheat Prices Drop Sharply, Erasing Gains Since Early May
Price Declines Amid Favorable Conditions Wheat prices on global exchanges continued their decline, falling by 2.5-6% over the past week, completely nullifying the growth seen since early May. This drop […]
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Wheat Prices Decline Amid Optimistic USDA June Report
USDA Report Surprises Traders Wheat prices continued to decline following the release of the June USDA report, which presented more optimistic data than traders expected. Despite a forecasted drop in […]
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