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Thursday, November 2, 2023
Russian wheat prices stabilise amid sluggish demand and decreasing supply
Russian wheat export prices remained steady over the past week as demand from international buyers continued to be subdued, while wheat supplies from farmers decreased as a result of a prolonged price slump, Nasdaq reported.
Monday, October 30, 2023
Victoria, Australia, to produce 5.9 million tonnes of wheat in 2023
Victoria, Australia, is forecast to produce 5.9 million tonnes of wheat this year, according to estimates from the Grain Industry Association of Victoria (GIAV) annual crop tour.
Tuesday, October 24, 2023
Demand for Russian wheat on the rise as export prices drop
Russian wheat export prices declined again last week, but analysts see demand picking up at these levels.
Tuesday, October 24, 2023
India increases price for buying of domestic new season wheat
India raised the price at which it buys locally produced new season wheat by ₹150 (US$1.81) or 7% to encourage farmers to expand the growing area as the country tries to increase production.
Monday, October 16, 2023
Indonesia and China expected to maintain strong buying of Canadian wheat in 2023-24
Canada's top two wheat customers are expected to be major buyers again in 2023-24.
Monday, October 16, 2023
Lower prices expected to stifle further growth of US winter wheat acreage
US farmers are about halfway done planting winter wheat for harvest in 2024, but acreage is expected to remain stable or decrease from last year due to lower prices and farmers' disenchantment with the crop after three years of drought.
Monday, October 16, 2023
Iran's next wheat cultivation season delayed by unannounced guaranteed purchase prices
Iran's failure to announce new guaranteed purchase prices for wheat and full payment for last year has led to a delay in next season's cultivation.
Thursday, September 28, 2023
Kazakhstan extends ban of wheat import via road
The ban on the import of wheat by road into Kazakhstan has been extended from October 11 for a period of six months, Azernews reported, citing Trend.
Thursday, September 28, 2023
Ukraine's second wheat shipment reaches Turkey
A second shipment of Ukrainian wheat reached Turkey via the Black Sea on September 24, according to maritime traffic monitoring sites, despite Russian threats to attack boats heading to or from the country.
Friday, September 22, 2023
Egypt eyes wheat imports from France and Bulgaria amid Russian supply halt
Egypt is exploring the possibility of importing approximately 500,000 tonnes of wheat from France and Bulgaria after Russia suspended wheat supplies due to pricing disputes, sources revealed, Zawya reported.
Wednesday, September 20, 2023
Russia's record wheat harvest eases global price pressures
Russia's consecutive bumper wheat harvests solidify its position as the top exporter while alleviating price pressures linked to the Ukraine conflict, The Business Standard reported.
Monday, September 18, 2023
India reduces wheat stock limits for traders, no plan to scrap import duty
India has announced a reduction in the permissible limit for wheat stocks held by traders and millers, while reaffirming that there are currently no immediate plans to eliminate the import duty on wheat, Yahoo! Finance reported.
Monday, September 11, 2023
Australia faces wheat production slump due to El Nino drought
Australia, the world's second-largest wheat exporter, braces for a significant reduction in its 2023/24 wheat production forecast, as the El Nino weather pattern triggers dry conditions, impacting yields, The Star reported.
Monday, September 11, 2023
Global prices of wheat, corn dropped in August
The FAO Cereal Price Index averaged 125.0 points in August, down 0.9 points (0.7%) from July and standing at 20.6 points (14.1%) below its value a year ago.
Wednesday, September 6, 2023
Argentine farmer sales of soybeans mixed, corn and wheat on the rise
Argentine farmer sales of agricultural commodities displayed a mixed pattern in the week ending August 23, according to data released by the country's agriculture secretariate on August 30, Fastmarkets reported.
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