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. […]
French wheat: situation with grain exports to China and other countries Experts analyzed the situation with the export of wheat from France. According to the data, in January this year, the supply of crops outside the European Union fell to 561 thousand tons. This figure is the lowest for the past 5 years. Wheat of […]
Corn and soybean replenishment: problems in the Chinese market The shortage of grains on the Chinese market and the increase in demand for them affected the trade processes. Prices for products went up sharply, and suppliers began to increase export volumes, reducing stocks. Experts estimate that China will need at least 6 months to finish […]
Interest in soy increased among U.S. processors: reasons for the excitement Experts note that in the U.S., interest in soybeans has increased in recent weeks. Local processors are trying to buy as much product as possible to replenish stocks. This situation is due to increased demand for supplies of soybeans and other oilseeds, as well […]
China is buying up barley: the reasons for the rush on the grain market The rush that began in the grain market last year continues. China is now buying barley from Canada and France, with forward purchases already referring to the new crop. The reason for such interest in products from those countries was the […]
World grain stocks in 2021 will fall to a record low Analysts of the UN division, which deals with food and agriculture, presented a forecast for the current year. According to the document, grain stocks in the world may decline to a record low for the last 5 years. At the same time the volume […]