Does the global wheat market need to ration demand?
The current dynamic driving global wheat markets higher has been the ongoing dry conditions across much of Russia’s winter wheat…
Russia is the gorilla in global wheat markets…
In the mid 1980’s, Russia and the USSR were major importers of wheat. The average seasonal imports were around 18mmt…
Drought in Mexico driving grain import demand higher…
The Mexican winter crop harvest is well underway, but the production outlook has been severely affected by extremely dry weather…
Russian wheat production under threat…
May is the money month for Russian grain production, when the winter crop is made, and the spring crop planting…
Corn production stunted in Argentina…
Argentina’s corn production forecasts are being adjusted drastically lower as the crop, which only a month ago was widely expected…
Pakistan looking at record wheat production…
This year’s wheat harvest in Pakistan has been underway for around a month now, and while output is expected to…
Soggy start to European spring…
Unfavourable weather conditions have dominated the European Union’s grain production landscape all season, with a significant proportion of the continent…
Power struggle grips Russian grain export…
The Russian grain export wrangle appears to have expanded with more exporters implicated and the departure of additional vessels delayed…
Game on for the US farmer…
A plethora of anticipation and conjecture traditionally precedes USDA’s annual Prospective Planting Report and a high degree of grain futures…