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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.
Wednesday, September 6, 2023
Ukrainian farmers expected to maintain winter wheat sowing area for 2024 despite export crisis
Ukrainian farmers are anticipated to keep their winter wheat sowing area stable for the 2024 harvest, despite facing heightened logistics costs due to the ongoing wartime export crisis, said a senior farming official, Fox News reported.
Wednesday, August 30, 2023
Indian industry leader urges removal of wheat import tax to stabilise local prices
In a bid to address escalating wheat prices in India, Pramod Kumar S, president of the Roller Flour Millers' Federation, has urged the government to eliminate the existing 40% import tax on wheat to facilitate grain imports, India Today rep ...
Wednesday, August 23, 2023
Egypt to acquire 60,000 tonnes of wheat from Romania
Egypt's General Authority for Supply Commodities has contracted through an international practice to purchase 60,000 tonnes of wheat from Romania.
Tuesday, August 22, 2023
China's soybean imports from US plummet 62% in July, while Brazil surges 32%
China's soybean imports underwent a significant shift in July, as the nation's soybean imports from the US experienced a sharp decline of 62% compared to the previous year, while soybean shipments from Brazil, China's leading soybean suppli ...
Tuesday, August 22, 2023
South Dakota, US winter wheat mostly harvested, USDA report reveals
Winter wheat in South Dakota, the United States, is mostly harvested and 75% of the spring wheat has been harvested, according to the USDA Crop Progress and Conditions report.
Tuesday, August 22, 2023
Decline in US spring wheat crop's condition, according to US government
The condition of the US spring wheat crop dropped in the latest week, the US government said on August 21, as forecasts for hot and dry weather continued in the northern US Plains this week.
Monday, August 21, 2023
India in talks with Russia to import wheat at discount, sources claim
India is in talks with Russia to import wheat at a discount in a rare move to boost supplies and curb food inflation ahead of state and national elections next year, according to four sources.
Thursday, August 17, 2023
Al Dahra and ADEX secure US$500 million wheat supply deal with Egypt
UAE-based agribusiness Al Dahra and the Abu Dhabi Exports Office (ADEX) have formalised a deal to provide Egypt with wheat, according to a statement released on Monday, Reuters reported.
Thursday, August 17, 2023
China's WH Group predicts 10-20% surge in swine prices
WH Group Ltd, a major Chinese pork processing company, anticipates a surge of 10-20% in swine prices within China during the second half of 2023, compared to the initial six months of the year, underpinned by a strengthening demand dynamic ...
Thursday, August 17, 2023
Rise in exports of US soft red winter wheat to Latin American nations in 2022/23
In the marketing year (MY) of 2022/23, South American wheat imports were 1.6 million tonnes, up 29% from MY2021/22, while US wheat exports decreased by 2% from the prior year and were 17% below the five-year average.
Monday, August 14, 2023
Iran witnesses 37% surge in domestic wheat purchases amid promising yields
Iran's domestic wheat purchases have surged by 37% during the harvest period between April and early August compared to the same period last year, according to an official statement from the country's Ministry of Agriculture, Tasim News rep ...
Friday, August 11, 2023
EU's soft wheat output expected to be at 124.7 million tonnes in 2023/24 season
Strategie Grains has again reduced its monthly forecast for the European Union's wheat production, now seeing the crop falling below last year's level after disappointing harvest results, the French consultancy said on August 10.
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