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The wheat market remains in flux as production has shifted away from a stable, transparent US hub to more regional production centers, notably the Black Sea. Disruptions from geopolitical conflicts, severe weather and logistic snarls have upended traditional trade flows and driven price volatility. While overall global production remains stable, buyers are facing supply and price uncertainty throughout the market, from animal feed to pasta production.
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Turkey has reason to be cautious and should hope for rain in March and April if grain production is to be maintained in the country, an international conference in Dubai heard on Thursday, February 20. The warning came from the general manager of the Turkish Grain Board (TMO), Ahmet Güldal, speaking at the Intercontinental Commodity […]
China has announced additional tariffs of up to 15% on imports of US goods from March 10, with the new measures covering largely agricultural products, alongside restricted exports to 15 US companies, according to a notice posted by the country’s Ministry of Finance and Ministry of Commerce on Tuesday, March 4. Imports of agricultural goods […]
The European Union’s weekly wheat exports amounted to 243,324 tonnes in the week to Sunday, February 16, according to initial data from the European Commission. Total wheat exports from the EU for the 2024/25 marketing year stood at 13.34 million tonnes, down by 36% compared with the same period in the previous marketing year, when […]
US corn sales for the 2024-25 season were reported at 1.65 million tonnes in the week to February 6, up by 12% from the previous week and by 20% from the prior four-week average, landing within the USDA’s expected range of 800,000-1.7 million tonnes, USDA data showed on Thursday, February 13. Much of the increase […]
Brazilian corn exports amounted to 3.59 million tonnes in January, down by 26.3% from the same month last year. Meanwhile, soybean shipments fell by 62.4% to 1.07 million tonnes, according to customs weekly data on Monday, February 10. In January last year, Brazil exported 4.87 million tonnes of corn and 2.85 million tonnes of soybeans. […]
Investors in the US corn and soybean markets trimmed shorts while amassing longs in the week to Tuesday January 14, pushing the corn net long to the highest-level since May 2022 and moving soybeans from a net short to a net long for the first time in more than a year, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday January 17.
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