USDA’s Acreage Forecast Indicates Decrease in Corn and Wheat Plantings The U.S. Department of Agriculture (USDA) has unveiled its initial acreage forecast for 2024, revealing anticipated reductions in corn and […]
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Tag: wheat
Grain Market Sees Selloff Ahead of Usda’s AG Outlook Forum, Analysts Anticipate Higher Ending Stocks
The grains market experienced a significant selloff attributed to positioning ahead of the USDA’s Agricultural Outlook Forum slated to commence on Thursday. Analysts predict the agency will report higher ending […]
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Rise in Dollar Rate Halts Decline in Wheat Purchase Prices in Ukraine
Following a brief decline, export prices for wheat in Ukraine witnessed a slight uptick in hryvnia, thanks to a rapid surge in the dollar exchange rate. This development, occurring over […]
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Wheat and Grain Markets Showing Signs of Wanting to Move Higher
On February 13, the wheat market started with a decline due to the weight of Russian wheat. The upcoming Russian harvest appears promising, but uncertainties loom regarding the price at […]
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Cereal and Oilseed Balance Update for 2023/24: Insights From the European Commission’s January 2024 Report
The cereal and oilseed balance for the 2023/24 campaign, updated by the European Commission to January 2024, was compiled by Tofio Catön, Director of Herbaceous Crops at the Spanish Agri-Food […]
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U.S Agricultural Exports Hit 3-Year Low in 2023
In 2023, the United States experienced a significant downturn in agricultural exports, reaching a three-year low. According to data from the US Bureau of Statistics, exports of agricultural products amounted […]
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How Much Further Will Grain Prices Fall?
Last Thursday, the US Department of Agriculture released its monthly harvest forecast report (WASDE report). On Friday, wheat made a strong start, especially MATIF,which fought the downward trend in the […]
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Pressure on Soybean and Corn Prices Due to Rainfall Forecasts in Argentina and Brazil
Rain is coming After a long period of dry and hot weather, most of Argentina will experience heavy showers over the weekend and temperatures will return to normal. Another front […]
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Wheat Becomes Cheaper in World Markets
There is a decline in wheat prices in the world, in direct proportion to the supply and demand balance in the wheat market. Yesterday’s grain contract quotations on world stock […]
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Haryana, Rajasthan, and Punjab Farmers Expect Higher Wheat Yields This Year.
Farmers anticipate a bountiful wheat harvest this year in the heartlands of Haryana, Rajasthan, and Punjab. Favourable weather patterns throughout January and recent rains promise a 7 to 10 percent […]
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