Wheat
Understand the forces shaping the global wheat market
The wheat market remains in flux as production has shifted away from a stable, transparent US hub to more regional production centers, notably the Black Sea. Disruptions from geopolitical conflicts, severe weather and logistic snarls have upended traditional trade flows and driven price volatility. While overall global production remains stable, buyers are facing supply and price uncertainty throughout the market, from animal feed to pasta production.
To stay on top of it all and offset the financial risks that come with such high volatility, market players must keep up to date with the changing prices and drivers. Our global and local insights-driven news and prices help you to manage risk and make the right business decisions when trading in this constantly evolving market.
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Slower deliveries of wheat and corn feed factor into recent projections of cattle and pork production
Frost and drought affect the country’s grains and oilseeds production
The US Department of Agriculture (USDA) boosted its 2023-24 US production, ending stocks and domestic consumption estimates while slightly trimming global output and supply projections
According to data from the country’s agriculture secretariat, sales decrease by 24.3%
There may be little point in restoring the four-way agreement, according to market participants
Total crop expected to be at second-highest level
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