SASKATOON — Grain growers should prepare for a year of falling prices and tight margins, says the chief economist of the U.S. Department of Agriculture. Seth Meyer told delegates attending the USDA’s 100th Agricultural Outlook Forum to expect a continuation of the downward trend in commodity prices in 2024-25. Corn prices are forecast to fall […] Read more
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India makes effort to tame rising wheat prices
Even a moderate increase in food inflation tends to anger voters and provides easy ammunition to opposition parties
NEW DELHI/MUMBAI, India (Reuters) — Indian officials are considering a raft of measures to boost domestic wheat supplies and cool local prices that surged earlier this month to their highest level in six months. Last year, India banned wheat exports after a sharp, sudden rise in temperatures clipped output, even as export demand picked up […] Read more