wheat

Expert Says World Has Enough Wheat
Expert Says World Has Enough Wheat
Expert Says World Has Enough Wheat
Are we going to run out of wheat over the next year? One expert says, "no". Even though shipments of wheat from Ukraine are nearly non-existent right now, and the U.S. winter wheat crop is struggling. "We're not gonna run out of wheat, people will be able to buy wheat, but it's gonna come at a pretty high price." ...
Lack of Grain Exports Driving Global Hunger
Lack of Grain Exports Driving Global Hunger
Lack of Grain Exports Driving Global Hunger
A global food crisis, already impacted by the COVID-19 pandemic and climate change, is being driven to famine levels worldwide by the war in Ukraine and the resulting lack of grain exports. The United Nations Security Council last week heard from experts on the war's impact on global food security ...
India Considers Allowing More Wheat Shipments
India Considers Allowing More Wheat Shipments
India Considers Allowing More Wheat Shipments
India has a great deal of wheat sitting at ports because of a sudden ban on exports that prevented dealers from loading cargoes. Reuters said trade and government sources say that the Indian government is considering allowing traders to ship out some of that wheat ...
U.S. Wheat Prices to Keep Climbing, USDA Says
U.S. Wheat Prices to Keep Climbing, USDA Says
U.S. Wheat Prices to Keep Climbing, USDA Says
USDA is forecasting production of all wheat for this upcoming marketing year to be up from this past season but only by 83 million bushels, at a bit over 1.7 billion. Wheat growers planted almost 47.5 million acres, but the Midwest drought has been relentless, and USDA now projects growers will only get a crop off of maybe 37 million ...
Vilsack: Ukraine War Makes Addressing Hunger More Challenging
Vilsack: Ukraine War Makes Addressing Hunger More Challenging
Vilsack: Ukraine War Makes Addressing Hunger More Challenging
Efforts to feed the world's growing populations is under more strain than normal right now, partly because of disruptions in food supplies coming out of Ukraine. "We have a twin challenge here," noted USDA head Tom Vilsack. "We've got an immediate global food security challenge by virtue of the disruption that the invasion has caused and the impact it's going to have on unstable, p
Ukraine Facing Grain Storage Crunch
A sharp fall in exports resulting from the Russian invasion is causing a significant shortage of storage facilities in Ukraine for the 2022-2023 season. Analyst APK-Inform said that Ukraine is getting forced to export grain by train over its western border or from smaller ports along the Danube River ...
Borror: Russian War Having An Impact On Red Meat Sector
Borror: Russian War Having An Impact On Red Meat Sector
Borror: Russian War Having An Impact On Red Meat Sector
According to the U.S. Meat Export Federation, the war in Ukraine has already had an impact on the Red Meat arena, and that impact will continue for the foreseeable future. USMEF Vice President of Economic Analysis Erin Borror said Russia, Ukraine and Belarus export red meat, but the impact is somewhat muted at 60,000 tons to China ...
CME Group to Launch Canadian Wheat Futures
CME Group to Launch Canadian Wheat Futures
CME Group to Launch Canadian Wheat Futures
CME Group announced last week the launch of Canadian Wheat futures on June 13, pending regulatory review. The contract offers market participants a new tool to directly manage exposure to the Canadian wheat market. Tim Andriesen, Managing Director of Agricultural Products at CME Group, said, “Canada is the world's second largest producer of spring wheat and is one of the world's top wheat export

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