SASKATOON — World wheat prices are likely to continue falling as more bumper crops are harvested, says an analyst. Argus Media estimates that the top eight exporters in the world will harvest a record 421 million tonnes of the crop in 2025-26. It is forecasting 484 million tonnes of total supply, well above the previous […] Read more
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Large wheat supply pressures prices
Prices are expected to continue falling despite an increase in demand due to lower production in major importers
Australia’s wheat production outlook improves as harvest begins
Analysts have raised their estimates for Australia’s wheat harvest, a Reuters poll showed, as better-than-expected yields in western cropping regions boosted the production outlook despite losses caused by dry conditions in parts of the south.
Western Australia could reap record harvest as crop estimates rise again, GIWA says
Western Australia will produce nearly 1 million metric tons more wheat this season than was expected a month ago, an industry group said on Friday.
Australia finds grain-threatening beetle in baby diapers
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Australia has detected the larvae of khapra beetles in imported baby diapers, the agriculture ministry said, raising concerns the pest could infest grain storages and disrupt agricultural exports.
Under Trump, U.S. cedes its share of China’s beef market to Australia
Australian beef has replaced U.S. supply in China since President Donald Trump returned to the White House.
China snaps up Australian canola after trade spat with Canada, sources say
Chinese state trading firm COFCO has bought up to nine 60,000-metric-ton cargoes of Australian canola, three trade sources told Reuters, after Beijing last month imposed preliminary anti-dumping duties on imports of the oilseed from traditional supplier Canada.
Yellow pea prices collapse on lack of demand
China’s 100 per cent tariff is seen as a blow to the Canadian industry
China’s tariffs and India’s accumulated stocks from previous imports have curbed those countries’ demand for Canada’s yellow peas just as harvest adds price pressure at the farm gate.
Australian crops to surpass 10-year averages
Canola 34 per cent above 10-year average
Australian farmers are forecast to grow slightly more canola and barley this year, while wheat production may dip, according to the latest estimates from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).
China buys first Australian canola cargo since 2020, traders say
A Chinese state-run trading firm has booked a cargo of about 50,000 metric tons of new-crop Australian canola, two traders told Reuters, just days after Beijing imposed temporary levies on top supplier Canada.
Rain helps brighten outlook for Australian wheat crop
The industry now expects the country’s producers to match or beat last year’s production of around 34 million tons
A large crop in Australia, one of the biggest wheat exporters, would add to pressure on prices that are already low due to ample global supply.
