Analysis-US wheat farmers face bleak crop economics as grain oversupply hits
By Heather Schlitz (Reuters) – Profit is growing further out of reach for U.S. wheat farmers and many do not expect to break even in 2024 as ample global supply…
By Heather Schlitz (Reuters) – Profit is growing further out of reach for U.S. wheat farmers and many do not expect to break even in 2024 as ample global supply…
By Pavel Polityuk KYIV (Reuters) – Ukraine expects its 2024 spring sowing area to be the same as last year, though it could see a slight decrease in the worst…
HAMBURG (Reuters) – The Lebanese government is believed to have purchased about 30,000 metric tons of milling wheat in a tender this week expected to be sourced from Ukraine, European…
By Naveen Thukral and Dominique Patton SINGAPORE/BEIJING (Reuters) – China is set to import record volumes of wheat this year, trading sources say, with rain damage to its crop and…
By Julie Ingwersen CHICAGO (Reuters) – U.S. farmers are about halfway done planting winter wheat for harvest in 2024, but acreage is expected to remain stable or decrease from last…
By Maximilian Heath BUENOS AIRES (Reuters) – Argentina’s sales of the upcoming wheat crop are the slowest in seven years, delayed by farmers waiting for heavier rainfall and gambling on…
By Sarah El Safty and Michael Hogan CAIRO (Reuters) – Egypt’s state grains buyer bought about a half a million metric tons of Russian wheat in a private deal, four…
By Pavel Polityuk KYIV (Reuters) – Ukrainian farmers are not expected to reduce the area of winter wheat they sow for the 2024 harvest despite higher logistics costs due to…
By Tom Polansek WICHITA, Kansas (Reuters) – Farmers in Kansas, the biggest U.S. producer of wheat used to make bread, are abandoning their crops after a severe drought and damaging…
By Julie Ingwersen CHICAGO (Reuters) – Nearly all corn and soybean acres in the world’s largest exporting countries are seeded with genetically modified varieties, but that is not the case…
By Jonathan Saul, Maha El Dahan and Maya Gebeily LONDON/DUBAI/BEIRUT (Reuters) – Using a low-profile fleet of ships under U.S. sanctions, Syria has this year sharply increased wheat imports from…
NEW DELHI (Reuters) – Wheat stocks in India’s government warehouses will fall by about 13% by early next month from current levels but will be sufficient for welfare schemes of…
By Pavel Polityuk, Maytaal Angel and Nigel Hunt KYIV/LONDON (Reuters) – War, rain and economic hardship have depressed Ukraine’s wheat plantings, depriving the nation of vital export earnings in 2023…
By Maximilian Heath BUENOS AIRES (Reuters) – Argentina’s government is set to announce measures, potentially within days, to allow wheat exporters to delay agreed shipments after a major drought hammered…
By Julie Ingwersen CHICAGO (Reuters) – With planting roughly halfway complete, the 2023 U.S. hard red winter wheat crop is already being hobbled by drought in the heart of the…
ISTANBUL – The first ship carrying Ukrainian wheat to be exported under a U.N.-brokered deal arrived in Istanbul on Sunday, the Joint Coordination Centre based in the Turkish city, said.…
PARIS – Euronext wheat prices fell on Wednesday in step with Chicago futures as progress in resuming maritime grain exports from war-torn Ukraine offset support from brisk international demand, traders…
By Nigel Hunt LONDON – Wheat prices rose sharply on Monday as a missile strike on the Ukrainian port of Odesa over the weekend raised doubts about whether it will…
PARIS – The war in Ukraine that has stalled its wheat exports will keep global prices high into the 2022/23 season, putting millions more people at risk of undernourishment, the…
By Jorgelina do Rosario LONDON – Argentina’s Bioceres Crop Solutions plans to carry out field tests of its genetically modified drought resistant wheat in Australia and seek planting approvals next…
By Pavel Polityuk KYIV – Russia’s invasion of Ukraine will create a global wheat shortage for at least three seasons by keeping much of the Ukrainian crop from markets, pushing…
BEIJING – Chinese consumers are likely to have to pay more for food staples like noodles and bread this year, as record wheat prices in the world’s top consumer of…
By Karen Braun NAPERVILLE, Ill. – Despite global wheat prices trading at record highs for the time of year, market participants may have been too optimistic on the supply outlook…
CHICAGO – Rains this week in the U.S. Plains arrived too late to help much of the winter wheat in Oklahoma, the No. 2 U.S. producer of the grain, where…
By Leah Douglas and P.J. Huffstutter WASHINGTON – The Biden administration is asking Congress to approve $500 million for the farm sector, in a bid to woo U.S. wheat producers…