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Monday, September 5, 2022
Four percent drop in US wheat futures on September 1 due to concerns of economic slowdown
US wheat futures fell more than 4%, and corn and soybeans slipped on September 1 on mounting concerns about a global economic slowdown, analysts said, just as the US Midwest crop harvest nears.
Tuesday, August 30, 2022
Farmers in Canada to harvest more wheat than projected
The Canadian government's first official harvest estimates showed that farmers in the country will harvest more wheat than projected, and the biggest canola crop in three years, Reuters reported.
Monday, August 29, 2022
Bangladesh to import 500,000 tonnes of wheat at US$430 a tonne from Russia
Bangladesh is planning to import 500,000 tonnes of wheat from Russia at a price of US$430 per tonne, according to two government sources with direct knowledge of the situation on August 28, as Bangladesh struggles to secure supplies in the ...
Monday, August 29, 2022
Japan to bring in 13,400 tonnes of feed wheat through auction
Japan will import 13,400 tonnes of feed-quality wheat for livestock use via a simultaneous buy and sell (SBS) auction that closed late on August 19, the Ministry of Agriculture, Forestry and Fisheries (MAFF) said.
Tuesday, August 23, 2022
Australian wheat under pressure from Ukraine, South America competition
Australia Premium White and Australia Standard White wheat shed 5.2% and 6.2% on the month to be assessed at $360/mt and $347/mt FOB Western Australia, respectively, August 19 data by S&P Global Commodity Insights showed, as more Ukrain ...
Monday, August 22, 2022
No intention to import wheat, India says
India has sufficient stocks of wheat and there is no plan to import the grain, the government clarified on August 21 after some media outlets reported New Delhi was planning to import wheat.
Friday, August 5, 2022
Technical University of Munich team explores methods to increase wheat harvests
Researchers at the Technical University of Munich (TUM) are searching for modern methods to boost global harvests and thus to ensure global food security.
Wednesday, August 3, 2022
China's 2020-21 feed market: Rising corn prices and using wheat as substitute
The price of corn in China surged from ¥1,870/tonne in January 2020 to ¥2,629 /tonne by the end of 2020, an increase of ¥759/tonne.
Thursday, July 28, 2022
Wheat prices in India increase to record high despite export ban
Wheat prices in India have increased to a record high despite an export ban, due to rising demand and low supply from a crop damaged by heatwave, Reuters reported.
Monday, July 25, 2022
Forecast for Argentina's wheat planting area revised downwards
The Buenos Aires grains exchange said that the forecast for Argentina's wheat planting area for the coming season had been reduced, as the South American nation deals with the effects of unfavourable weather, Reuters reported.
Tuesday, July 19, 2022
EU wheat prices up due to possible heatwave
Traders said concerns about potential damage to European maize crops from a severe heatwave, the failure to establish a grain export corridor in Ukraine, and strong export demand, have all contributed to a rise in European wheat prices on J ...
Monday, July 18, 2022
Wheat harvest in France far ahead of last season
Farm office FranceAgriMer said French farmers had harvested 50% of this year's soft wheat crop by July 11, compared to 14% a week earlier and far ahead of last season, after hot and dry weather accelerated crop development, Reuters reported ...
Monday, July 18, 2022
FAO price index: Wheat prices in June 48% higher than 2021 values
The FAO Cereal Price Index averaged 166.3 points in June, down 7.2 points (4.1%) from May, but still 36.0 points (27.6%) above its June 2021 value.
Friday, July 8, 2022
Wheat reserves in Egypt sufficient for seven months
Egypt's Supply Minister Aly Moselhy said the country's strategic wheat reserves are sufficient for seven months, which is unprecedented in its history, Reuters reported.
Wednesday, July 6, 2022
More wheat and corn planted in Canada this year compared to 2021
Farmers in Canada have planted more acres of wheat, corn, lentils and oats this year compared to 2021 levels, while planting less canola, barley, soybeans and dry peas, according to a Statistics Canada survey released on July 5.
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