The US wheat winter wheat crop has made its worst start on record, thanks to dryness which has rendered more of it rated in “poor” or “very poor” condition than seen as “good” or “excellent”. The US Department of Agriculture, in...
Read MoreDairy prices are poised for a third successive decline at GlobalDairyTrade, amid persistent Chinese demand jitters, and as promising signs for northern hemisphere milk output dilute concerns over a New Zealand decline. SGX NZX...
Read MoreOct 31, 2022 | News, Corn and coarse grains, Wheat
Wheat futures jumped, hitting a record high in Sydney, after Russia withdrew from the UN-brokered Black Sea grain export deal, provoking concerns of a fresh halt to shipments from Ukraine. In the US, Chicago soft red winter...
Read MoreOct 31, 2022 | Cocoa, Coffee, Corn and coarse grains, Cotton, News, Soybeans and oilseeds, Sugar, Wheat
Hedge funds took their most bearish stance in Chicago wheat in two years in the run-up to Russia’s blow to the Ukraine grain export deal, enhancing the vulnerability of futures to a price spike fuelled by short-covering. Managed...
Read MoreOct 30, 2022 | News, Analysis, Corn and coarse grains, Wheat
Russia’s withdrawal from the UN-backed deal to allow safe passage of Ukrainian grain exports is a double blow for the war against hunger. There is, first, an immediate impact. Moscow’s decision pours uncertainty over the future...
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