Wheat Industry News
News and Information from Around the Wheat Industry Speaking of Wheat “The team had a chance to visit all aspects of the supply chain, from farm to export elevator, and learn about the FGIS inspection process, giving them a sense of how US wheat quality is ensured throughout the way. These visits provide reassurance to […]
Wheat Industry News
News and Information from Around the Wheat Industry Speaking of Wheat “The abrupt termination of the implementation of the Black Sea Grain Initiative is a matter of grave concern. Global food security should not become a casualty of war. People in poor countries struggling with food and energy price inflation stand to be hit hardest […]
Wheat Industry News
News and Information from Around the Wheat Industry Speaking of Wheat “The big news in wheat was the hard red winter number — shock-and-awe for USDA to increase it that much. The average trade guess was 532 million bushels, so the number was way above what anybody anticipated. We had a broad-based increase in yields, […]
Wheat Industry News
News and Information from Around the Wheat Industry Speaking of Wheat “The international [grain] price in Ukraine will be on the level of the cost of production. Harvested grains and oilseeds will be level of 62 million (tonnes), exports about 40 million. We have only three seaports operating at capacity and [under the ‘fragile agreement’ […]
Wheat Industry News
News and Information from Around the Wheat Industry Speaking of Wheat “Without a trade agenda that also advances U.S. economic interests by addressing barriers to U.S. exports through free trade agreements, the United States will lose influence globally. Other countries welcome U.S. products and benefit from the two-way relationship that free trade agreements promote. The […]
Wheat Industry News
News and Information from Around the Wheat Industry Speaking of Wheat “The market dynamics with the Russian invasion of Ukraine disrupting traditional wheat movements, the disastrous drought in the Kansas resulting in a high amount of wheat fields abandoned and short overall production, and increased rail transportation costs are all market factors leading to the […]
Wheat Industry News
News and Information from Around the Wheat Industry Speaking of Wheat “CBOT wheat futures reached the $14.2525 per bushel all-time high in March 2022 when Russia invaded Ukraine, turning Europe’s breadbasket and critical logistical hub at the Black Sea ports into war zones. While the battle for Ukraine continues to rage, CBOT wheat prices have […]
Wheat Industry News
News and Information from Around the Wheat Industry Speaking of Wheat “[The] recent counter notification at the World Trade Organization (WTO) regarding India’s rice and wheat subsidies is a step in the right direction in publicly addressing India’s blatant disregard for the commitments they made when they joined the WTO … India subsidized up to […]
Wheat Industry News
News and Information from Around the Wheat Industry Speaking of Wheat “The ongoing fighting [in Sudan] is preventing WFP from delivering critical emergency food, providing school meals for children, or preventing and treating malnutrition. WFP also cannot carry out its work to support farmers to boost agriculture productivity in a project that aims to more […]
Wheat Industry News
News and Information from Around the Wheat Industry Speaking of Wheat “Until some of these geopolitical conflicts are resolved — it’s difficult to envision a return to the level of free trade we enjoyed through the late 20th and early 21st centuries. Difficult as it may be, governments must resist the urge to limit […]