Wheat News - 07 Oct 2024

Italy - Armando Highlights 760 Farms, 35% More Hectares Cultivated
Russia - Russia'S Grain Harvest Forecast Adjusted To 124.6 Million Tons
Russia - Rostov Region Harvests 11.2 Million Tons, Projects 11.5 Million
Russia - Russia'S Grain Harvest Affected By War And Weather Conditions
Spain - Cereal Prices Rise: Wheat Up 1.5%, Corn Up 4.25%
Ukraine - Ukraine Grain Exports Hit 11.2 Million Tons By October 7
Ukraine - Winter Wheat Sowing Reaches 37% Completion In Ukraine
Ukraine - Wheat Up 0.6% To $5.93, Russian Ship Attack Hits 20

Brazil - Cerrado Wheat Production Reaches 9.6 Tons Per Hectare
Brazil - Wheat Congress From October 23-25 To Discuss Global Trends
Brazil - Wheat Prices At $525, 14.75% Higher Amid Decreasing Demand
Mexico - Wheat Producers Await 500 Million Pesos As 423 Remain Registered
U.S. - U.S. Harvests Expected To Hit Record Yields Amid Dry Weather
United States - Top Winter Wheat Yield Hits 171.9 Bushels Per Acre
United States - Us Wheat Associates Launches Video Series Promoting Quality Wheat
United States - Corn, Soybeans, Wheat Prices Fall To $4.21, $10.32, $
United States - Wheat Prices Rise 18% In Chicago, Production Up 9%
United States - Usda Approves Drought-Tolerant Hb4 Wheat For Us Farmers

Bangladesh - Bangladesh Issues Tender For 50,000 Tons Of Wheat
India - Wheat Sowing Projected At 11 Million Hectares In Madhya Pradesh
India - Wheat Prices: Rajasthan ₹2,500-₹2,575, Gujarat ₹2,250-₹2,900
India - Bihar To Buy Wheat Seeds At 25-30% Above Msp
India - Crystal Crop Launches Verdino Herbicide For Wheat Farmers
Kazakhstan - Kazakhstan Bans Russian Wheat Imports, Expects 25 Million Tons Harvest
Kazakhstan - Kazakhstan Wheat Exports To China Reach 5 Million Tons
Kyrgyzstan - Kyrgyzstan Grain Yields Rise: 704.2K Tons Harvested
Saudi Arabia - Saudi Arabia To Import 307,000 Tonnes Of Wheat For Reserves

Morocco - Russia Sends Millions Of Tons Of Wheat To Morocco
Nigeria - Nigeria'S 2024-25 Wheat Imports Projected At 4.7 Million Tonnes

Italy - Armando Highlights 760 Farms, 35% More Hectares Cultivated
At IncontrArmando 2024, De Matteis Agroalimentare renewed its partnership with farmers supplying 100% Italian durum wheat for Pasta Armando. The initiative, now in its 14th year, involves 760 farms across nine regions, with a 35% increase in cultivated hectares. Despite a national decline in durum wheat farming, participating farmers achieved over 15% higher yields than the national average.(Terra è vita)

Russia - Russia'S Grain Harvest Forecast Adjusted To 124.6 Million Tons
Russia's grain harvest forecast for 2024 is projected to decline by 11% to 132 million tons, impacted by adverse weather and the Ukraine war. The Grain Exporters Union further reduced the estimate to 124.6 million tons, with wheat at 83.1 million tons and exports at 52.5 million tons, down 1.5%. Final estimates will be announced on October 10.(Интерфакс | Notícias Agrícolas | Интерфакс | ロイター (Reuters Japan) | MoneyTimes)

Russia - Rostov Region Harvests 11.2 Million Tons, Projects 11.5 Million
The Rostov region has harvested 11.2 million tons of wheat, down 39% from last year, with a projected total of 11.5 million tons for 2024. Farmers face low prices at 14,800 rubles per ton, and only 20% of crops are insured. The 2024 harvest includes 1.7 million tons of third-class and 5.1 million tons of fourth-class grain.(Privet-Rostov.ru городской новостной сайт | ROSNG.RU | Национальное аграрное агентство)

Russia - Russia'S Grain Harvest Affected By War And Weather Conditions
Russia's grain harvest has been adversely affected by the ongoing Ukraine war and unfavorable weather conditions, raising concerns about food supply stability in the region.(Farmtario | Investing.com Brasil | Canadian Cattlemen)

Ukraine - Ukraine Grain Exports Hit 11.2 Million Tons By October 7
Ukraine's grain exports for the 2024/25 season reached 11.2 million tons by October 7, an increase from 7.2 million tons last year. This total includes 6.5 million tons of wheat, with the government limiting wheat exports to 16.2 million tons. The overall grain harvest is expected to decline to 77 million tons in 2024.(Dinheiro Rural | Forbes Brasil)

Ukraine - Winter Wheat Sowing Reaches 37% Completion In Ukraine
Winter wheat sowing in Ukraine has accelerated due to improved conditions, despite recent major water deficits. Currently, 37% of the sowing is completed, matching last year's pace. Forecasts indicate continued regular precipitation in areas still facing shortages over the next two weeks.(Terre-net)

Brazil - Cerrado Wheat Production Reaches 9.6 Tons Per Hectare
The cerrado region, particularly in Goiás and parts of Mato Grosso, Minas Gerais, and São Paulo, is emerging as Brazil's new wheat production frontier. Tropical wheat cultivars developed by Embrapa enable higher yields, with record harvests like 9.6 tons per hectare. The area planted is projected to reach 1 million hectares by 2030, driven by increasing market demand and improved quality.(UOL)

Brazil - Wheat Congress From October 23-25 To Discuss Global Trends
The 31st International Congress of the Wheat Industry, organized by Abitrigo, will take place from October 23-25 in Foz do Iguaçu. The event will feature political scientist Gustavo Segré and economist Sergio Vale discussing global wheat market trends. Panels will cover topics like technology and sales channels, fostering networking and opportunities in Brazil's wheat sector.(Revista Campo & Negócios)

Brazil - Wheat Prices At $525, 14.75% Higher Amid Decreasing Demand
Wheat prices in Brazil are currently set at $525, 14.75% higher than last year, driven by drought in Russia and reduced EU supply. However, as the 2024/25 harvest progresses, prices have decreased due to weakened demand and high stocks, with mills reducing grinding amid low liquidity in the wheat flour market.(Agrolink | Agrolink)

Mexico - Wheat Producers Await 500 Million Pesos As 423 Remain Registered
Wheat producers in Sinaloa are awaiting 500 million pesos in delayed support for their April harvest, with 80% of registrations complete. Currently, 2,104 out of 2,527 producers are registered for the 2023-2024 support program, with payments starting at 7,050 pesos per ton from October, and registration open until October 18.(LINEA DIRECTA Portal | LINEA DIRECTA Portal)

U.S. - U.S. Harvests Expected To Hit Record Yields Amid Dry Weather
Dry weather in the U.S. is expected to accelerate harvests, with record yields anticipated. Brazil will see rain, while Australia and Russia face drought. Brazil's planting remains below average. Russian wheat prices fell, and China is temporarily out of the market. A bearish WASDE report is due on October 11, influenced by various bullish and bearish factors.(agrositio.com.ar)

United States - Top Winter Wheat Yield Hits 171.9 Bushels Per Acre
The 2024 Great Lakes Yield Enhancement Network competition revealed a top winter wheat yield of 171.9 bushels per acre by Nick Suwyn from Michigan. The average yield among participants was over 115 bushels per acre. Delayed planting and a mild winter contributed to the season's results. Registration for the 2024-2025 program opens in early October.(Grain Farmers of Ontario)

United States - Us Wheat Associates Launches Video Series Promoting Quality Wheat
US Wheat Associates has launched a video series to promote the high quality of US wheat and its global distribution. The project features interviews with top customers, including a flour mill operator in Mexico City, emphasizing the importance of the reliable transportation system. It also highlights the journey of hard red winter wheat to destinations like South America and Nigeria.(AGInfo Ag Information Network)

United States - Corn, Soybeans, Wheat Prices Fall To $4.21, $10.32, $
Corn and soybeans in Chicago fell on October 7 due to a stronger dollar, with corn at $4.23-1/4, soybeans at $10.30-1/2, and wheat at $5.87-1/4. U.S. inventories are at a four-year high, while Saudi Arabia purchased 307,000 metric tons of wheat, likely from Russia. Dry weather is favorable for harvesting.(LA NACION | XM | Finimize)

United States - Wheat Prices Rise 18% In Chicago, Production Up 9%
Wheat prices in Chicago have increased 18% since late August due to geopolitical conflicts, with global production for 2024/25 expected to decline. Russian output is forecasted at 83 million tons (-11%) and Ukraine's at 22.6 million tons (-18%). U.S. wheat production is projected at 1.971 billion bushels, a 9% rise, despite a decrease in acreage.(ON24 | Farms.com)

United States - Usda Approves Drought-Tolerant Hb4 Wheat For Us Farmers
The USDA has approved genetically modified HB4 wheat for U.S. farmers, designed to withstand drought conditions and potentially improve yields. While the U.S. follows Argentina and Brazil in approval, commercial cultivation faces challenges, as major wheat importers have not yet endorsed the product. Further field trials are required before it can be widely adopted.(dividende.be | Yahoo! Voices)

Bangladesh - Bangladesh Issues Tender For 50,000 Tons Of Wheat
Bangladesh's state grain buyer has issued a tender to purchase 50,000 tons of milling wheat, with price offers due by October 22. The contract will be finalized 40 days later, and wheat can be sourced globally, excluding Israel. Delivery is to Chattogram and Mongla ports. The last tender was reported in February.(MarineLink)

India - Wheat Sowing Projected At 11 Million Hectares In Madhya Pradesh
Good monsoon conditions are expected to break the wheat sowing record in Madhya Pradesh, with current sowing at 9.5 million hectares and projections reaching 11 million hectares. The agriculture department is preparing for inputs, while chickpea cultivation is also increasing from 2.1 million to 2.346 million hectares. The Chief Minister has requested additional fertilizer and seeds from the central government.(Nai Dunia)

India - Wheat Prices: Rajasthan ₹2,500-₹2,575, Gujarat ₹2,250-₹2,900
As of October 7, 2024, Rajasthan's wheat prices show strong demand with average prices at ₹2,500 in Kapasan and ₹2,575 in Suratgarh, both above MSP. In Gujarat, Bhavnagar's average is ₹2,250, indicating low demand, while Mangrol's average price is ₹2,900, reflecting strong demand in that market.(Janta Se Rishta)

India - Bihar To Buy Wheat Seeds At 25-30% Above Msp
Bihar's government will buy wheat seeds at 25-30% above the minimum support price (MSP) to boost production. A plan for 3.5 lakh quintals of hybrid seed production in 21 districts is set for the 2024-25 rabi season. Farmers will receive 80% subsidy on base seeds, with 8,750 quintals sourced from ICAR and universities.(Zee Business हिंदी)

India - Crystal Crop Launches Verdino Herbicide For Wheat Farmers
Crystal Crop Protection Limited has launched Verdino, a herbicide targeting Phalaris minor in wheat, to be applied within 0-3 days of sowing. The Kanak 600 Boom Sprayer, with a 12-meter boom, enhances efficiency and reduces chemical waste. Both products aim to support wheat farmers across India, particularly in Punjab, Haryana, and Uttar Pradesh.(Krishak Jagat English | Rural Voice English)

Kazakhstan - Kazakhstan Bans Russian Wheat Imports, Expects 25 Million Tons Harvest
Kazakhstan has imposed a ban on wheat imports from Russia until the end of 2024 to protect local farmers, anticipating a record harvest of over 25 million tons. In response, Russia increased its grain exports by 16% in 2024, with Afghanistan becoming a key market. Kazakhstan's wheat exports dropped by 33.6% to 4.432 million tons, with tensions escalating between the two countries.(DARYO.UZ - CENTRAL ASIA & AFGHANISTAN NEWS)

Kazakhstan - Kazakhstan Wheat Exports To China Reach 5 Million Tons
Kazakhstan exported 5 million tons of wheat in the first nine months of 2023, with 1.3 million tons going to China, reflecting a 21% decrease from last year. The government plans to boost exports to China from 2 million to 3 million tons. As of October 7, 94% of grain areas have been harvested.(Kazlenta.kz | inbusiness.kz | Ак Жайык | 7kun.kz)

Kyrgyzstan - Kyrgyzstan Grain Yields Rise: 704.2K Tons Harvested
In Kyrgyzstan, grain harvesting is ongoing, covering 560.9 thousand hectares (84% of total sown area), an increase of 122 thousand hectares from last year. Wheat yields reached 29.9 c/ha, with total production at 704.2 thousand tons, up 244.1 thousand tons. Barley yielded 26.1 c/ha (626.8 thousand tons), corn 71.7 c/ha (360.8 thousand tons), and legumes 14.4 c/ha (43.9 thousand tons).(Economist.kg)

Saudi Arabia - Saudi Arabia To Import 307,000 Tonnes Of Wheat For Reserves
Saudi Arabia will import 307,000 tonnes of wheat this year to maintain strategic reserves and meet milling companies' needs. The Governor of the General Food Security Authority announced the fourth tender for imports from the EU, North and South America, Australia, and the Black Sea, with shipments expected between December 2024 and January 2025.(Emirates News Agency | Gulf Today | News Karnataka)

Morocco - Russia Sends Millions Of Tons Of Wheat To Morocco
France is facing challenges in the global grain market due to Russia's significant expansion as a wheat supplier to Morocco. Over the past two years, Russia has emerged as a key supplier, with Morocco needing to import at least 5 million tons of wheat this year, opting for Russian grain over traditional French sources. This shift threatens France's influence in North Africa.(АБН)

Nigeria - Nigeria'S 2024-25 Wheat Imports Projected At 4.7 Million Tonnes
Nigeria's grain import estimates for 2024-25 have increased, with wheat imports projected at 4.7 million tonnes, up 6% from April, but lower than 2023-24's 5 million tonnes. Corn production is expected to rise to 11.68 million tonnes, while rice production is forecast at 7.5 million tonnes, a 3% decrease. Rice imports will increase to 1.9 million tonnes.(World Grain)