Indonesia is witnessing a surge in the importation of low-quality wheat, with recent contracts for 300,000 tons of Black Sea wheat. This move aims to address a shortage in […]
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Tag: wheat
EU Increases Russian Grain Purchases by 10 Times
Russia is selling more and more grain to the EU. According to Eurostat data and analysed by Tofio Catön, Director of Field Crops at the Agriculture-Food Cooperatives, Russian grain purchases […]
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India to Witness Reduced Wheat Production in 2024, but Record Rapeseed Crop Expected
India is poised to experience a significant shift in its agricultural landscape in 2024, with projections indicating a decrease in wheat production accompanied by a record-breaking rapeseed harvest. According to […]
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A Record Number of Vessels Pass through the Ukrainian Sea Corridor
For two days in a row, on February 17 and 18, 16 vessels left Ukrainian sea ports. This is a record figure for the entire period of operation of the […]
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Russia Upbeat on Wheat, Cautious on Sunflower Oil Exports
Center for Price Indexes Releases Revised Forecasts The Center for Price Indexes, a subsidiary of Gazprombank, has recently published its updated quarterly consensus forecast on exports from the Russian Federation […]
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World Wheat Prices Experience Significant Decline
Market Overview Worldwide wheat prices have witnessed a notable downturn over the past week, with quotations on major exchanges dropping by 3-6.6%. This decline is attributed to substantial stocks, […]
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Wheat Prices Decline Despite Projected Reduction in US Acreage
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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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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