Wheat

Understand the forces shaping the global wheat market

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.

To stay on top of it all and offset the financial risks that come with such high volatility, market players must keep up to date with the changing prices and drivers. Our global and local insights-driven news and prices help you to manage risk and make the right business decisions when trading in this constantly evolving market.

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What’s happening in the wheat market?

View of sample of the daily reporting available to our customers – news and market intelligence that is invaluable to understand and anticipate market movement.

The fall of Bashar al-Assad’s regime has disrupted Syria’s grain imports, creating uncertainty in trade with Russia.

The French corn harvest advanced by 7 percentage points in the week to Monday November 25, with 89% of the total planted area now harvested, according to the latest weekly report from FranceAgriMer.

Argentina’s soybean sowing area estimate for the 2024-25 crop was raised by 0.6%, to 17.9 million hectares, while the wheat output was projected at 17.6 million tonnes, the country’s Secretariat of Agriculture, Livestock and Fisheries (SagyP) monthly report showed on Thursday November 21.

The USDA’s latest report shows that the US corn and soybean harvests have exceeded market expectations

Speculators in the US corn market cut short positions, helping send the net short to the highest level since August 2023, while adding shorts in soybean and wheat contracts in the week to Tuesday October 29, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday November 1.

Canada’s grain and oilseed exports fell 38%, with significant declines in wheat and canola, despite strong soybean exports, according to the Canadian Grain Commission

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