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Wheat

US Wheat Sales Rebound While Corn Exports Slide

US wheat sales rebounded in the week ending May 2, 2024, while corn exports continued to decline, according to the latest export sales data released by the United States Department of Agriculture (USDA). Net sales of US wheat for the 2023/2024 marketing year totaled 78,500 metric tons (MT)

Global Wheat Stocks Dwindle for Fifth Straight Year, Intensifying Export Competition

Global wheat stocks are projected to decline for the fifth consecutive year, reaching their lowest levels since 2015/16, as major exporting countries grapple with smaller harvests and robust demand, according to a report published by the USDA's Foreign Agricultural Service (FAS). This tightening of global wheat supplies
Global Wheat Stocks Dwindle for Fifth Straight Year, Intensifying Export Competition

China Wheat Production Forecast to Reach Record High

China's wheat production is projected to reach a record high in the 2023/24 marketing year, bolstered by favorable weather conditions and improved yields, according to a report from the United States Department of Agriculture (USDA). The USDA forecasts China's wheat output to reach 140 million
China Wheat Production Forecast to Reach Record High

US Wheat Futures Mixed as Weather Concerns and Supply Dynamics Influence Market

US wheat futures experienced a mixed performance in the week ending May 3, 2024, as market participants focused on the impact of weather conditions on Northern Hemisphere crops and assessed global supply dynamics, according to the latest report from US Wheat Associates. July 2024 CBOT soft red winter (SRW) wheat
US Wheat Futures Mixed as Weather Concerns and Supply Dynamics Influence Market

US Wheat Sales Falter, While Corn Exports Remain Strong

Net sales of US wheat for the 2023/2024 marketing year experienced a significant decline, plummeting by 105% from the previous week's 192,300 metric tons (MT) to a net reduction of 20,300 MT, according to the latest export sales report from the US Department of Agriculture

Australian Wheat Production to Remain Steady, Exports to Ease Amidst Stock Drawdown

Australia's wheat production is expected to remain relatively stable in the 2024/25 marketing year, despite contrasting seasonal conditions across the country's eastern and western production regions, according to a recent report by the US Department of Agriculture's Foreign Agricultural Service (FAS). The FAS
Australian Wheat Production to Remain Steady, Exports to Ease Amidst Stock Drawdown

World Bank Projects Food Price Decline, But Flags Geopolitical and Climate Risks

The World Bank anticipates a decline in global food prices throughout 2024 and 2025, primarily driven by lower prices for grains and oils. However, the latest report from the bank warns of potential risks, including geopolitical tensions and weather-related disruptions, that could impact this projection. The report highlights recent trends
World Bank Projects Food Price Decline, But Flags Geopolitical and Climate Risks

Dry Weather Threatens Russia's Winter Wheat Crop: AHDB

Dry weather conditions in key winter wheat-growing regions of Russia are raising concerns about potential crop damage and supporting global wheat prices, as reported by the Agriculture and Horticulture Development Board (AHDB). AHDB highlights the importance of Russia's winter wheat crop, which historically accounts for over 70% of

Morocco's Wheat and Barley Production, Imports to Fall Amidst Severe Drought

Morocco's wheat and barley production is expected to plummet in the 2024/25 marketing year due to ongoing drought conditions, according to the latest report by the United States Department of Agriculture's Foreign Agricultural Service (FAS). The report highlights the severe drought affecting most of Morocco&
Morocco's Wheat and Barley Production, Imports to Fall Amidst Severe Drought

Egypt's Wheat Imports Expected to Rise as Economy Stabilizes: USDA

Egypt's wheat imports are forecast to climb in the 2024/25 marketing year as the country's economy stabilizes and access to foreign currency improves, according to a report by the Foreign Agricultural Service of the US Department of Agriculture (USDA) released on Tuesday. The report cites
Egypt's Wheat Imports Expected to Rise as Economy Stabilizes: USDA