WUXI COFCO Engineering & Technology Co., Ltd. (former WUXI Grain Science Research Institute) was established in 1964. Now it belongs to COFCO Group which is one of the world top 500 company. We involve in rice milling, wheat/maize milling, oil milling, storage & handling industry, specializing in technology research, project design, consulting, engineering, project managing, machine manufacture. As a 55-year-old company, after several generations of scientific and technological personnel's unremitting efforts and struggle, we are always a leader and innovator in grain, oil and food industry. Our customers from various provinces, cities and districts of China as well as more than 20 countries of the world such as Russia, Ukraine, Thailand, Uzbekistan, Greece, India, Venezuela, Vietnam, Sudan, etc. We have a great reputation on both domestic & international market.
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.
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.