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Rubles dollars_cr Adobe Stock_E.jpg

Russia may switch grain export tax to rubles

06.24.2022
By John Reidy

Currently set in dollars, government responding to traders’ concerns at start of new marketing year.


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Bunge_North America HQ

Bunge target price cut on less ‘frothy’ crush margin environment

06.24.2022
By Eric Schroeder

2022 EPS estimate also lowered.


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Soybean Field_Photo cred Adobe stock_Ejpg.jpg

ADM, Bayer partner for soybean farmers in India

06.24.2022
By John Reidy

Companies creating sustainable crop protection model to help improve yields.


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ZImbabwe_harvest_flag_Adobe_stock.jpg

Zimbabwe’s corn output forecast to fall in 2022-23

06.24.2022
By Arvin Donley

Will be 43% smaller than the 2021-22 crop, according to USDA FAS projections.


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Cargill feed additives.jpg

Cargill acquires plant-based feed additive manufacturer

06.24.2022
By Arvin Donley

Acquisition of Austrian company will expand Cargill’s animal nutrition offerings.


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Ancient Grains Conference

Ancient grains event from NCI to debut

06.24.2022
By Jeff Gelski

One-day event will explore how to use the grains.


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Viterra

Viterra opens Manitoba grain facility

06.23.2022
By John Reidy

Rosser location has 34,000 tonnes of storage with 156-car loop track.


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Wheat corn soybeans

IGC revises total grains output higher for 2021-22

06.23.2022
By Arvin Donley

Ending stocks are projected to rise for the first time since 2016-17.


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Kazakhstan map

Kazakhstan extends wheat, flour export restrictions

06.23.2022
By John Reidy

Trade decree meant to address domestic food security, price increases.


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Bartlett_Montgomery County Kansas

Construction begins on Bartlett soy processing plant

06.23.2022
By Arvin Donley

Southeast Kansas facility will handle 45 million bushels of soybeans per year.


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  • Ukraine russia flags wheat cr adobe stock e

    Depending on Russia, Ukraine for wheat

    Since Russia’s invasion of Ukraine in February, the world’s wheat supply has been thrown into question, with poorer nations facing scarcity and a potential food crisis, according to the United Nations.

    Following are countries among the world’s least developed that are the most dependent on Russia and Ukraine for their annual wheat supply (2020), according to the UN Conference on Trade and Development. Nations in Africa import 44% of their wheat from Russia and Ukraine, according to the UN.

    Sources: unctad.org and knoema.com/atlas.

  • World's major wheat import regions

    World’s major wheat importers

    In marketing year 2022-23, the world is projected by the US Department of Agriculture (USDA) to produce 779.03 million tonnes of wheat and provide 204.89 million tonnes for export.

    These are the eight major wheat importing nations/regions as listed in the monthly USDA World Agricultural Supply and Demand Estimates (WASDE) report and their annual tonnes with production.

    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.

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