U.S. domination of the grain market: why the country could lose its position The U.S. has long been the market leader in grain exports. They are the main suppliers of corn, soybeans and wheat, annually increasing the volume of shipments and influencing the formation of prices. However, experts say that the United States’ domination on […]
What India’s reduction in oil imports has to do with it Analysts of the German company Oil World note the reduction of imports of vegetable oils by India. In the current year 1.38 million tons of products were purchased, and for the same period last year 1.57 million tons. The main factor in reducing the […]
Barley exports from Argentina to China are on the rise: reasons for increased demand Late last year, a conflict between China and Australia dramatically affected trade processes in the agricultural industry. Against the background of a sharp decline in supplies from Australia, China began to look for other options for importing grain. As a result, […]
U.S. corn and soybean acreage will increase to record levels The U.S. corn planting campaign will soon begin, and now analysts are predicting how successful it will be. This year, U.S. farmers are seeking to increase the crop, hoping that weather conditions will favor the maturity of the grain. In addition, there will be an […]
Sowing of legume crops: predictions for future harvests Sowing of legume crops has started in Argentina. The area occupied by beans remains the same as last year. Farmers are hoping that the weather will be favorable, which will allow them to carry out the sowing campaign on the scheduled date. There were heavy rains in […]
Major Feed Group buys feed wheat instead of corn Major Feed Group of South Korea increased the purchase of feed wheat. The reason for this decision was to reduce the price gap for this crop and corn. In addition, it is feared that in the near future the cost of freight will increase. Feed Group […]
High yield of grains in Brazil can be expected this season The Brazilian Ministry of Agriculture predicts a high yield of grains in the current season. The increase in production primarily concerns corn and soybeans. And the government expects a good performance, despite the delayed planting campaign and problems with the harvest last year. The […]
China’s grain imports rise to record levels Last year, China created a real stir in the grain market. Due to the sharp increase in demand among local consumers and the lack of stocks, an active import of grain into the country began. According to official statistics, the supply of corn and wheat to China in […]
India’s record wheat harvest: forecast by experts Experts predict a record wheat harvest in India, thanks to which the country will increase exports. Experts have not yet given exact figures, but the area for sowing grain amounted to 34.5 million hectares, which is 1 million hectares more than in the previous period. These figures are […]
Total wheat production will increase in the EU and the UK S&P Global Platts Analytics experts published a forecast of the cereals market in the European Union and the UK for the 2021/2022 marketing year. The total volume of production will amount to 147 million tons, which is 8% more than in the previous period. […]