Australian wheat output projected to decline
After three consecutive years of record-setting wheat crops in Australia, production in marketing year 2023-24 is forecast to dip 25% from the previous year to what would still be the fourth largest total over the last 10 years, according to a Global Agricultural Information Network report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture. “Favorable conditions around the time of winter grain planting across most production areas of Australia bodes well for the establishment and early…
US soft red winter wheat forecast at 405 million bushels
A panel of flour millers and wheat merchandisers on April 25 forecast soft red winter wheat production in the United States in 2023 at 404.923 million bushels, up 68.297 million bushels, or 20%, from 336.626 million bushels in 2022. The soft red winter wheat crop as projected would be the largest dating back to the 2014 crop year, when 454.531 million bushels were harvested, and the second largest since a recent production peak of 568.481 million bushels in 2013.
BASF announcement surprises wheat industry
With global wheat supplies tightening due to climate change and the war between Russia and Ukraine, two of the world’s biggest wheat producers and exporters, finding ways to maximize wheat yields and produce seed that is resistance to drought and disease has never been more important.
Russia may abolish grain export quota
Russia, the world’s largest wheat exporter, is considering abolishing its grain export quota
French soft wheat exports outside the EU on rise
The forecast for 2022-23 soft wheat exports from France outside the European Union has continued to climb to 10.6 million tonnes, 21% more than last year, on strong demand from North Africa, Reuters reported, citing farm office FranceAgriMer.
U.S. flour production falls to seven-year low in 2019
Wheat flour production by U.S. flour mills in 2019 totaled 422.277 million cwts, down 4.594 million cwts, or 1.1%, from the record 426.871 million cwts in 2018 and the smallest aggregate in seven years, according to the National Agricultural Statistics Service (NASS) of the U.S. Department of Agriculture.
India eyes better year for wheat
Higher prices and better weather could help India’s wheat production take a leap forward with farmers planting high-yielding varieties in a wider area, Reuters reported, citing scientists and traders in the world’s second-largest grower of the grain.
National Foods mill on track for commissioning in 2023
National Foods Holdings Ltd., a manufacturer of branded food and feed, is on track to start operations at a new mill in Bulawayo, Zimbabwe, in early 2023, said Todd Moyo, chairman of the company.
India says its wheat, rice stocks sufficient
Following a summer of concern, India’s stocks of rice and wheat have been pronounced sufficient, and wheat could be sold by the government to help control domestic prices, if necessary, Reuters reported, citing the Ministry of Consumer Affairs, Food and Public Distribution.
Argentine wheat crop projections continue to fall.
Drought-stricken Argentina’s 2022-23 wheat crop projections continue to trend downward as the country’s two major grain exchanges cut their forecasts on Oct. 13, according to Reuters.