Oilseeds market after 2020: trends Last year, the market of oilseeds presented a lot of surprises to its participants. The processes here developed so unexpectedly that traditional trading approaches were no longer effective. Just in 4 months the price of sunflower oil has grown by one thousand dollars, other products have also demonstrated a record […]
Analysts raised the grain production forecast for Australia After several years of drought, the weather finally smiled on Australian farmers. Autumn in the current year was pleasant with abundant rains, which had a positive impact on the harvest. Given this factor, analysts revised the wheat production forecast for the country — it increased by 11.2%, […]
Impact of climate change on agricultural activities: scenarios Environmentalists have been talking for years about the inevitable consequences of detrimental human activity on the planet. The effects of climate change are already clearly visible in the agricultural sector. Analysts conducted a study of the situation, and predicted the development of the agricultural industry. They singled […]
Wheat and barley crop forecast for the current and next seasons The European Commission revised its wheat crop forecast for the 2021/2022 season. According to the new data, the volume of residues will decrease compared to previous expectations, but the production will increase to 126.2 million tons. Previously it was 124.8 million tons. This represents […]
How Canadian barley benefited from the China-Australia conflict Problems in diplomatic relations between Australia and China have significantly affected trade between the countries. As a result, Beijing practically refused to supply Australian grain, although before it was the largest importer. This situation has played into the hands of other agricultural producers, for example, Canadian barley […]
Global sunflower production: an overview of different countries Analysts predict that sunflower production in the world will reach record levels. In the 2021/2022 season, it is estimated at 55 million tons, helped by the expansion of cultivated areas — in total they amount to 27 million hectares. Most of them fall on the territory of […]
How global corn exports will change in the 2021/2022 marketing year IGC analysts made a forecast for the global market of agricultural products. It is expected that corn exports will decrease by 2.9 million tons in the 2021-2022 marketing year and will amount to almost 184 million tons. The U.S. will supply about 62.5 million […]
Government wants to restore sunflower oil imports to pre-pandemic volumes The Indian government announced plans to increase imports of sunflower oil in the season 2021/2022. As for the current period, here it is projected to reduce the supply of products in the country. A total of 1.8 million tons of oil will be imported, which […]
What a good wheat harvest depends on Last year, Romania experienced a decrease in wheat yields. The reason was the drought, which caused serious damage to the agricultural industry of the country. This season, however, experts promise a favorable forecast. Local farmers expect a good wheat harvest, which will contribute to greater exports to other […]
Wheat trade on the world market: overview of the situation FAO analysts have made a forecast for the agricultural market. They promise that wheat trade in the current season will exceed the previous period. This figure will be at the level of 467 million tons, which is 5.9% higher than that recorded in the previous […]