In the USDA's August World Agricultural Supply and Demand Estimates (WASDE) report, the world is projected to produce 779.60 million tonnes of wheat and provide 208.65 million tonnes for export in marketing year 2022-23.
These are the eight major wheat importing nations/regions by tonnes as listed in the monthly WASDE and their annual production projections.
Russia’s invasion of Ukraine in February and the persistent La Niña climate phenomenon have combined to create some of the most volatile market conditions in recent memory, sending prices skyrocketing as nations that depend on wheat to feed their populations scramble to secure supplies.
Each month, the WASDE releases new projections to reflect the most recent global market and production conditions, and this slideshow will be updated with those changes.
SUN VALLEY, IDAHO, US — The North American Millers’ Association (NAMA) gathered Sept. 12-15 for its annual meeting at the Sun Valley Resort in Sun Valley, Idaho, US.
Topics ranging from helping legacy private businesses endure to the effects of artificial intelligence on customer service and US elections were covered in keynote presentations.