CBOT July 2022 corn (candlesticks) with 20- and 50-day moving averages (yellow and orange lines). (Barchart)

U.S. grains: Corn eases despite slow U.S. plantings

Soybeans, wheat fall but remain above multi-week lows

Chicago | Reuters — Chicago corn futures fell on Tuesday after initial gains, pressured by demand uncertainty despite adverse weather delays to U.S. planting progress, analysts said. Recent rainfall also pressured wheat, despite declining crop conditions, while soybeans moved lower on expectations of increased plantings if corn seedings continue to falter. The most-active corn contract

A combine unloads wheat on the outskirts of Ahmedabad in western India on March 16, 2022. (Photo: Reuters/Amit Dave)

Heat wave threatens India’s wheat output, export plans

Thin supplies, rising prices indicate lower output

New Delhi | Reuters — India’s wheat output looks likely to fall in 2022 after five consecutive years of record harvests, as a sharp, sudden rise in temperatures in mid-March cut crop yields in the world’s second-biggest producer of the grain. The drop could curb Indian exports of the staple. Cashing in on a rally





‘When thinking about replacing the lost grain, we should be clear about when that grain was supposed to be harvested and what humanity intended to do with it.’

Comment: Ukraine grain hard to replace

Large shortfall will increase food prices around the globe

Ukraine and Russia produce a substantial amount of grain and other food for export. Ukraine alone produces a whopping six per cent of all food calories traded in the international market. At least it used to, before it was invaded by the world’s largest nuclear power. Russia, meanwhile, is the world’s largest exporter of wheat,

Yuri, a Ukrainian farmer, wears his body armour while preparing to work in a field on April 26, 2022 in the country’s southern Zaporizhzhia region. (Photo: Reuters/Ueslei Marcelino)

Ukrainian farmers don bulletproof vests to plough frontline fields

Zaporizhzhia | Reuters — Ukrainian farmers in the southern region of Zaporizhzhia, which borders the frontline of the military conflict with Russia, are now wearing body armour to plough their fields. A week after the war started, grad rockets — bombs fired via a truck-mounted multiple-launch system — began falling right next door to the