Wheat

Wheat today has been at the cutting edge of shifting trade dynamics that have upended typical trade flows, as the crucible of production has migrated away from a transparent, stable US hub and towards Russia and the Black Sea. Today, nearly one third of the world’s wheat exports come from either Russia or Ukraine, which is a huge turnaround from the days where Russia relied heavily on the US to secure supply.

While global production is huge at around 780 million tonnes a year, the market itself is defined and divided by specifications, with protein content often key in determining value and use, from animal feed through to pasta production.

Our news, reports and forecasting will help you understand the dynamics at play in the wheat market. You’ll get insights into the crucial factors driving price.