Seth Meyer, chief economist of the U.S. Department of Agriculture, told delegates attending the USDA's 100th Agricultural Outlook Forum to expect a continuation of the downward trend in commodity prices in 2024-25. | File photo

Grain market outlook looks grim

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

Workers sift wheat before filling sacks at the market yard of the Agriculture Product Marketing Committee on the outskirts of Ahmedabad, India, last year.  |  Reuters/Amit Dave photo

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