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.
Tag Archives wheat exports
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
Wheat sees record year for exports in 2024-25
Canola exports are expected to be the third largest on record, even as sales of both wheat and canola slowed in June
Wheat and canola remain the largest exports with wheat continuing at a record pace and canola remaining the third largest on record.
Indonesia seeks to appease U.S. by buying more wheat
Competition could increase in the world’s second largest wheat import market as Indonesia scrambles to find ways to avoid high American tariffs.
Weather temporarily lifts wheat but damage not confirmed
Canada has the potential to post a new record for wheat exports this crop year, and the outlook for next year might look a little brighter as crop problems develop in other countries.
Market watches Russia’s wheat export potential
Wheat prices would get a boost if the country’s exports remain as low as much of the trade is beginning to forecast
A big debate is once again brewing about how much wheat the world’s leading exporter will ship out in the upcoming crop year.
China cuts back significantly on wheat imports
Canada sold 233,400 tonnes to the country in the first five months of 2024-25, compared to 1.26 million tonnes last year
The world’s top wheat buyer,China, is purchasing a lot less of the product this year.
Russian farmers ditch wheat for other crops
MOSCOW/IRTYSH (Reuters) – Russian farmers say they will sow less wheat after heavy losses this year, switching to more profitable crops such as peas, lentils, or sunflowers. Such decisions will have direct implications for global wheat prices and inflation in major buyers like Egypt as Russia is the world’s top exporter of the grain. The […] Read more
Prairies excel again in spring wheat exports, quality
SASKATOON — Canada has another top-notch spring wheat crop to sell this year, but the durum did not fare as well. Canadian farmers grew 34.3 million tonnes of wheat in 2024 and are expected to export 25.4 million tonnes to more than 80 countries. Related stories: “This will make Canada the world’s third largest exporter […] Read more
Russia expands ports as it eyes new markets
New Baltic ports would reduce grain reliance on Black Sea routes as country aims for 50 per cent boost in ag exports
MOSCOW, Russia (Reuters) — Russia, the world’s leading wheat exporter, is expanding its Baltic Sea ports as it aims to boost agricultural exports by 50 per cent by 2030 while reducing dependence on traditional Black Sea routes, officials and executives said. The country, which exported at least 72 million tonnes of grain in the 2023-24 […] Read more
‘Weather market’ resumes role as price driver
The market is closely watching production problems around the world, including Russia, Europe, Argentina and the U.S.
GENEVA, Switzerland (Reuters) — Weather hiccups in major cereal producers have cast a doubt on prospects of a global grain glut and made fundamentals regain their status of key market drivers after being surpassed by politics, notably the war in Ukraine, analysts say. Wheat prices in Chicago gained 33 per cent in the past two […] Read more
