Tag: bushel

Global wheat market:precipitation is expected to improve, wheat prices fall
By: Date: 2021-05-17 Categories: Internationalfood Tags: ,

News from May 16th:In the week ending May 14, 2021, most of the global wheat prices fell because the supply and demand report issued by the US Department of Agriculture was relatively empty. The precipitation situation in the winter wheat producing areas of the Great Plains in the United States is expected to improve, which will help winter wheat. For crop growth, the forecast for wheat production in Russia, the number one exporter, has been revised upwards. In addition, rising inflation concerns in the United States may cause the dollar to strengthen, the global new crown epidemic situation is severe, and other agricultural products such as corn and soybeans have fallen across the board, which is also detrimental to wheat prices.

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Global wheat market:weather worries, wheat prices rise
By: Date: 2021-05-10 Categories: Internationalfood Tags: ,

News from May 9th:In the week ending May 7, 2021, global wheat prices continued to rise due to continued dry weather in the American Great Plains and Canadian prairies, threatening wheat production. The markets for other agricultural products such as corn and soybeans have risen across the board, the US dollar has weakened, and inflationary pressures have become apparent, which has also attracted speculative funds into the market to do more.

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Global feed market:USDA report is positive, feed prices mostly rise
By: Date: 2021-04-13 Categories: Internationalfood Tags: ,

News from April 12:In the week ending April 9, 2021, most of the global food market prices have risen because of the favorable supply and demand report issued by the US Department of Agriculture. The yield potential of the second-season maize in Brazil has declined due to planting delays and the dollar has fallen. However, US corn export sales are sluggish, and international crude oil futures have fallen, restricting price increases.

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