MOSCOW, RUSSIA – A global wheat market that has seen soaring prices in recent weeks due to supply issues learned on Nov. 10 that Russia, the world’s leading wheat exporter, is considering revising its export taxes upward on the grain commodity, Reuters reported.
SÃO PAULO, BRAZIL — Brazil is expected to produce 289.8 million tones of grain in 2021-22, an increase of 14.7% from the previous season, according to the National Supply Company (Conab). The increased estimate is in part due to good volumes of rain. An estimated 71.8 million hectares have been sown, an increase of 4.1% from the previous crop.
BEIJING, CHINA — In an effort to enhance its grain security, China recently raised the minimum purchasing price for wheat in 2022, Reuters reported.
- 2m tons of wheat offloaded in Iranian ports in last 6 months
- Russia harvests high-protein wheat
- Argentina expects record 2021-22 wheat, corn production
- Kazakhstan wheat output challenged with dry weather
- Britain’s wheat planted area to rise 26%
- Report: China shifts US grain buying tactics
- Thailand rice production recovers from drought
- Scientists predict record wheat production this season in India