How global wheat prices are linked to rising demand for corn Following the record rates for corn, world prices for wheat are also increasing. This trend is due to a number of factors, among which are an increase in demand and concerns about favorable weather conditions. In addition, the market is under pressure by reducing […]
Bayer and RAGT Semences work on new wheat varieties Bayer decided to involve another major player in the agricultural market, RAGT Semences, in the development of new wheat varieties. Hybrid seeds will be an innovative solution for farmers, for their development the corporation combined its vast experience in plant breeding and modern technology, which makes […]
FAO predicts reduction of grain stocks in the world market FAO made a forecast for the cereals market. According to the document, this year stocks are expected to decrease, compared to the opening level, they will decrease by 1.7% and will amount to 808 million tons. This forecast is less than the previous estimate by […]
Strategie Grains revised export estimates Strategie Grains company, which provides consulting services, revised its monthly forecast of soft wheat exports from the EU and the UK. Compared with the previous estimate, the current one increased by 200 thousand tons and amounted to 25.4 million tons. At the same time, the forecast of final balances decreased. […]
The U.S. predicts that wheat import will increase The world economy continues to recover from the crisis. USDA made a forecast of the development of the grain segment in the country, including the growth of imports and exports. Experts note positive trends in trade relations between the U.S. and Indonesia. The Asian country is resuming […]
Why China has to cut back on corn feed Last year, China faced a shortage of corn for feed production. The reason was a sharp increase in the number of pigs, which had previously declined due to the African plague epidemic. To provide the industry with food, farmers replaced corn feed with wheat. Another reason […]
How global grain production will change in the 2021/2022 season In the 2021/2022 season, analysts forecast that the world production of grain crops will reach a record level. Its volumes are expected to exceed 2,224 million tons, which is 2% more than in the previous period. According to experts, in the current marketing year there […]
How Corteva plans to conquer the soybean seed market In the U.S. market for agricultural chemicals and fertilizers, there is intense competition between the two giants, Corteva and Bayer. Recently the competition between them has intensified, which is caused by new varieties. The fact is that in the segment of seeds the leader for a […]
Brazil expects record soybean volume Brazil is a strong player in the agricultural market. Following trends, the country has decided to reconsider the allocation of acreage. It is planned to increase the volume of soybeans by expanding its area of cultivation. It is projected that in 2021/2022 marketing year the legume crop will reach 141 […]
Morocco predicts a big grain harvest Experts predict a big harvest of soft wheat in Morocco, which will reduce the supply of grain from other countries. This is good news not only for buyers but also for farmers. The fact is that for two years, Morocco was dominated by drought, which did not allow the […]