How great have world wheat crops been? Russia, Ukraine, China, India and Canada have all had record yields in at least two of the last three years. However, the outlook for the world's 2015 crop may be different.This is wheat week, as is evident by Monday's analysis and today's. Wheat has become my focus this week for two reasons:
The world wheat outlook is changing (at least in my opinion). I am speaking at the International Association of Operative Millers (IAOM) meeting in Cape Town tomorrow.
As I wrote on Monday, the world has produced consecutive record wheat crops that are both well in excess of 700 MMT. The previous record was approximately 660 MMT. High wheat prices have brought more wheat acres around the world, and producer...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...
