Daily Network News

More News →

Tag Archives Wheat

(William_Potter/iStock/Getty Images)
Crops, Markets

G7 ag ministers urge end to food export curbs as prices surge

Nations warn against 'speculative behaviour'

By ,
Hamburg | Reuters — Global food exporting countries should not restrict food exports after Russia’s invasion of Ukraine cut world supplies, agriculture ministers of the G7 group of nations said on Friday. The impact on markets escalated this week as a growing list of food producing countries restricted exports, keeping vital supplies within their borders.
Ukraine is Europe’s breadbasket, so Russia's invasion will affect global commodity markets in a meaningful way.
Comment, Op/Ed

Comment: From a worldwide virus to a tyrant

Yet again farmers and the food industry face the unknown — but we must stand with Ukraine

By
Humanity just got dealt another blow with Russia’s invasion of Ukraine. Only thinking of the human cost is unbearable. But the agri-food sector has already been impacted by the conflict in more ways than one. First, Ukraine is Europe’s breadbasket, so this conflict will affect global commodity markets in a meaningful way. Wheat and corn
CBOT May 2022 wheat (candlesticks) with MGEX May 2022 wheat (yellow line) and K.C. May 2022 wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: CBOT wheat plummets 9.5 per cent

Corn, soybeans rise on strong exports

By ,
Chicago | Reuters — U.S. wheat futures fell on Thursday, with the most-active Chicago Board of Trade soft red winter wheat contract plunging 9.5 per cent as traders said the rally sparked by Russia’s invasion of Ukraine had made the grain too expensive for potential buyers. “The market is pausing to catch its breath a
Grain Markets, News

Bulgaria hampering grain exports amid Ukraine war, producers say

By
Bulgaria is starting to slow grain vessel loadings through administrative checks in what companies fear is an attempt to halt exports in response to the war in Ukraine, a producers’ group said March 3. Traders say Bulgaria is among European Union countries seeing extra export demand as merchants rush to replace grain they had planned
A POPRAD close air defence vehicle is parked in a field near Poland’s southeastern border with Ukraine on Feb. 28.
Grain Markets, Markets

War in Ukraine sends wheat prices sky high

Concerns over dry conditions in the Prairies and Plains also loom

By
Wheat prices have risen dramatically since Russian forces invaded Ukraine on Feb. 24, and war premiums have pushed values to exorbitant levels. At the close of trading on March 3, the nearby Chicago May wheat contract finished at US$11.34 per bushel, after its third consecutive limit-up gain. Kansas City May wheat ended that day at
(Alkestida/iStock/Getty Images)
Crops, Markets

Italian ministry tells firms to source durum from Canada

By ,
Rome | Reuters — In the wake of Russia’s invasion of Ukraine, Italian firms can source durum wheat from Canada, the Italian industry ministry said in a statement following meetings on Wednesday with various firms and associations. The statement added that alternative suppliers for clay, iron and sunflower seeds had not yet been found. Ukraine
CBOT May 2022 wheat (candlesticks) with MGEX May 2022 spring wheat (yellow line) and K.C. May 2022 wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat futures down off rally

Corn firm, soybeans strong

By ,
Chicago | Reuters — U.S. wheat futures fell Tuesday, snapping a six-session winning streak, as the market wrestled with supply upheaval caused by Russia’s invasion of fellow grain exporter Ukraine. Wheat prices hit the downside of their daily trading limits during the session but closed well above those lows after Interfax news agency said Russian
Bread is baked at Erbil in northern Iraq in March 2003. (Photo courtesy United Nations Oil-for-Food Program, www.un.org/Depts/oip/)
Crops, Markets

Iraq to create strategic wheat reserve

By ,
Reuters — Iraq will allocate US$100 million to urgently purchase wheat and create a strategic reserve by importing three million tons of the grain, the commerce minister said in a statement on Monday. “The ministry has a plan to achieve food security for citizens and to address the global rise in food prices due to

AgCanadaTV

AgCanadaTV Special Feature: Crop pest insects to watch out for in 2026

Sponsored by:
More Videos →

Latest Market News

More Market News →