Wheat News - 10 Sep 2024

Argentina - Bioceres Shares Drop 16% Despite Us Approval Of Gmo Wheat
Argentina - Argentina'S Drought Affects Maize, Soy, And Wheat Production
Argentina - Wheat Condition In Entre Ríos: 81% Rated Good To Very Good Farmers Invested $15 Billion In 2023/24 Campaign Wheat Prices Average 229,000 Pesos Amid High Volatility
Argentina - 5000 Tons Tokenized: New Era For Argentina'S Grain Market
Brasil - Wheat Imports Reach Highest Volume In Two Years
Brazil - Giberela Threatens 50% Wheat Losses In Southern Brazil
Brazil - Prf Seizes 74 Tons Of Irregular Wheat Flour In Floresta
Brazil - Wheat Investors See Returns Up To R$ 11,739 Per Contract
Brazil - Brazil Wheat Imports Reach 4.556 Million Tons, Up 9%
Canada - $241 Million Flour Mill To Process 750 Tonnes Daily
Canada - Wheat Prices Drop As Canadian Stocks Fall To 4.58 Million Tons
Mexico - Trigo Producers Complain Over 2.6 Million Pesos In Delayed Payments
US - Us, Global Wheat Ending Stocks Projected Lower In Wasde Report
USA - Bioceres Shares Plunge Nearly 16% After Earnings Miss
United States - Bakers Develop Climate-Resilient Wheat Blends To Boost Yields 30%
United States - Wheaton Grain Joins U.S. Grains Council To Boost Exports
United States - Soybean Down 1.6% To $10.0175; Corn Drops 0.49%

UK - UK Faces 13% Decline In Harvest Yields Since 1983
EU - Wheat Prices Weaken With Demand For High-Quality Varieties
EU - Eu Soft Wheat Exports Down 23% To 4.82 Million Tons
EU - Wheat Futures Drop €0.75 To €218/T Ahead Of Wasde
France - 2024 Trials Yield 51 Q/Ha Wheat, 66 Q/Ha Triticale
France - French Wheat Exports To Africa Expected To Decline
France - Cereal Prices Rise: Wheat Up 79%, Barley And Corn Gain
Germany - Fertilizer Prices Stagnate As Grain Prices Decline, Demand Weakens
Germany - Germany'S Harvest Decline: 3 Million Tons Lost This Year
Rosja - Nearly 80% Of Russian Wheat Harvest Is Food-Grade Grain
Russia - Siberia Faces Crop Damage As Heavy Rains Continue
Russia - Russia Gains African Grain Market As French Exports Fall 20%
Spain - Cereal Prices In Spain Rise: Soft Wheat €218.21/Ton
Spain - Pp Reports 2% Annual Loss In Cereal Crop Areas
UK - Uk Store Intakes Down 25-33% Due To Poor Weather
Ucrania - Ukrainian Winter Cereals Planting Reaches 2% With 105,200 Hectares
Ukraine - Grain Wagon Unloading At Great Odessa Ports Declines Further
Ukraine - Ukraine 2025 Winter Grain Sowing 2% Complete With 105,200 Hectares
Ukraine - Exporters Pay Higher Prices For Ukrainian Wheat Contracts

Afghanistan - Kunduz Plans To Buy 6,000 Tons Of Wheat From Farmers
India - Madhya Pradesh Limits Wheat Storage: 3,000 Tons For Wholesalers
Pakistan - Maryam Nawaz Sharif Launches 40,000 Kisan Cards For Farmers
Pakistan - Sindh Approves New High-Yield Crop Varieties For Farmers
Pakistan - Flour Distribution Drops From 64 To 25 Bags, Protests Erupt
Sri Lanka - Sri Lanka Targets 1.2 Million Tons Wheat Imports, Boosts Exports
Turkey - Turkey Earns $8 Billion From Grain Exports In 8 Months
Turkey - Wheat Prices Range From 9.2530 Tl To 13.2720 Tl
Turkey - Çanakkale Provides 30 Tons To 68 Farmers Affected By Fires

World - Fao Lowers 2024 Global Grain Production Forecast By 2.8 Million Tonnes
World - Wheat Prices Rise Tuesday Amid Increased Demand
World - Wheat Production Faces 13% Cut Due To Blast Disease
World - Fao Cereal Price Index Declines 0.5% To 110.1 Points

Morocco - Morocco Secures Four-Month Wheat Stock Amid Global Price Decline
North Africa - North Africa Seeks New Wheat Suppliers Amid French Yield Drop

Russia - Grain Exports Halve In Early September, Says Agrotend
Russia - Wheat Exports Reach Record 5.6 Million Tons In August

Australia - Australian Wheat Exports Up 19% In July To 1.5 Million Tonnes

Argentina - Bioceres Shares Drop 16% Despite Us Approval Of Gmo Wheat
Bioceres Crop Solutions SA experienced a nearly 16% drop in shares due to missed earnings and challenges with its HB4 GMO wheat. The U.S. approved HB4, which is drought-resistant, but commercialization may take three years. Currently, 20 mills in Argentina are buying HB4, which is planted on hundreds of thousands of hectares.(Yahoo Canada Finance | World Grain | Buenos Aires Times | Successful Farming | BNN Bloomberg | XM)

Argentina - Argentina'S Drought Affects Maize, Soy, And Wheat Production
Argentina's agriculture is severely impacted by droughts affecting maize, soy, and wheat production. The lack of rainfall reduces crop volumes, leading to economic challenges for producers and increased rural unemployment. In Santa Fe, decreased humidity further threatens wheat production, with significant interest expected in an upcoming auction.(Reporte Asia | El Litoral)

Argentina - Wheat Condition In Entre Ríos: 81% Rated Good To Very Good Farmers Invested $15 Billion In 2023/24 Campaign Wheat Prices Average 229,000 Pesos Amid High Volatility
In Entre Ríos, 81% of wheat crops are in good to very good condition. Meanwhile, Argentine farmers invested over $15 billion in the 2023/24 campaign, marking the second highest in eight years, with sown areas at 36.2 million hectares. Wheat prices averaged 229,000 pesos, experiencing high volatility, while corn and soybeans averaged 159,000 and 284,000 pesos, respectively.(Revista Chacra | Noticias AgroPecuarias | Campo en acción)

Argentina - 5000 Tons Tokenized: New Era For Argentina'S Grain Market
Matba-Rofex and Origino have tokenized the first silobolsas in Argentina, enhancing visibility and traceability in the grain market. This innovation allows silobolsas to be used as collateral in futures operations. Meanwhile, challenges in exporting quality-segregated wheat to Brazil were addressed at Expocereales, with Matilde Exporta demonstrating successful exports.(Agrofy News | Noticias AgroPecuarias)

Brasil - Wheat Imports Reach Highest Volume In Two Years
Wheat imports in Rolim de Moura reached the highest volume in two years, reflecting growing demand and market conditions. In 2024, similar trends were noted with weakened prices, influenced by regional supply and demand fluctuations. Specific details on volumes and price changes were not provided.(Rolim Notícias | Revista Globo Rural)

Brazil - Giberela Threatens 50% Wheat Losses In Southern Brazil
Giberela, caused by Fusarium graminearum, threatens up to 50% wheat losses in Southern Brazil. Effective management includes monitoring climate and using fungicides. Brazil requires 6 million tons of wheat for 2024/25, with exports at 2 million tons and production estimates down 4.3% to 8.13 million tons, reflecting ongoing domestic supply challenges.(Agrolink | infobae)

Brazil - Prf Seizes 74 Tons Of Irregular Wheat Flour In Floresta
The PRF seized 74 tons of irregular wheat flour on BR-316 in Floresta, PE. The cargo, originating from União da Vitória, PR, used reused invoices, leading to a R$ 40,000 fine imposed by the Pernambuco Treasury. This operation raises concerns about food safety and regulatory compliance in the agricultural sector.(Blog do Waldiney Passos | Farol de Notícias | Blog do Elvis | Carlos Britto)

Brazil - Wheat Investors See Returns Up To R$ 11,739 Per Contract
Wheat investors are seeing returns up to R$ 11,739 per contract, influenced by adverse conditions in Argentina and reduced EU and Canada production. Meanwhile, prices for Argentine wheat have risen by $12 per ton, with Paraná's new crop prices between R$ 1,530 and R$ 1,550 FOB, impacted by significant frost damage affecting 50% of production.(Portal do Agronegócio | Agrolink)

Brazil - Brazil Wheat Imports Reach 4.556 Million Tons, Up 9%
Brazil's wheat imports hit 4.556 million tons from January to August 2024, a 9% increase from 2023 and the highest since 2020. August imports reached 545.46 thousand tons, nearly double last year's figure. This surge is attributed to low domestic availability of high-quality wheat and high international prices.(Compre Rural | AGROemDIA | Notícias Agrícolas | CenárioMT | Agrolink)

Canada - $241 Million Flour Mill To Process 750 Tonnes Daily
A $241 million flour mill by P&H Milling Group in Springbrook, Alberta, will process 750 metric tonnes of wheat daily, creating 200 construction jobs and 27 permanent positions. Expected to start operations by fall 2026, the mill will enhance local agriculture, generate $1 million in municipal taxes, and qualify for up to $27.3 million in tax credits.(St. Albert Gazette)

Canada - Wheat Prices Drop As Canadian Stocks Fall To 4.58 Million Tons
Wheat prices declined on Euronext and the French physical market from September 6 to 9, influenced by a bearish StatCan report. Canadian wheat stocks were reported at 4.58 million tons, down from 5.62 million tons last year. Maize prices also fell, while barley prices stabilized. Russian wheat export forecasts were slightly lowered due to production concerns.(Réussir)

Mexico - Trigo Producers Complain Over 2.6 Million Pesos In Delayed Payments
Trigo producers from La Barca, Jalisco, and Vista Hermosa, Michoacán, are filing a complaint against Segalmex for delayed payments of approximately 2.6 million pesos owed since last year for the 2023 guarantee price. The payment of 2,400 to 2,600 pesos per ton has not been fulfilled, prompting protests and demands for accountability from federal officials before their term ends in 21 days.(La Crónica Jalisco)

US - Us, Global Wheat Ending Stocks Projected Lower In Wasde Report
US and global wheat ending stocks are projected to decrease, according to the upcoming WASDE report. This trend indicates tighter supply conditions, potentially impacting market dynamics and pricing.(AgriCensus)

USA - Bioceres Shares Plunge Nearly 16% After Earnings Miss
Shares of Bioceres Crop Solutions SA fell nearly 16% in New York, marking its largest intraday drop since July 2022. The decline follows the company's earnings miss for the quarter ending June 30 and highlighted challenges for its HB4 genetically modified wheat strain, despite recent US approval for the GMO wheat.(Bloomberg)

United States - Bakers Develop Climate-Resilient Wheat Blends To Boost Yields 30%
Bakers at Washington State University's Breadlab are developing "Climate Blend" wheat to enhance flavor and resilience against climate change. This initiative aims to counteract the 40% yield drop experienced in 2021. By promoting whole wheat's nutritional benefits and genetic diversity, the lab seeks to potentially increase food production by 30% while advocating for sustainable practices.(Hawaiipublicradio | KUNR Public Radio | Valley Public Radio | KCBX)

United States - Wheaton Grain Joins U.S. Grains Council To Boost Exports
Wheaton Grain, based in Chippewa Falls, Wisconsin, has joined the U.S. Grains Council, enhancing its international grain export operations. The company manages grain elevators, a trucking fleet, and crop production, ensuring high-quality service throughout the supply chain. This membership aims to strengthen global partnerships and support the demand for agricultural products in both human and animal feed industries.(Farms.com)

United States - Soybean Down 1.6% To $10.0175; Corn Drops 0.49%
On September 10, soybean futures fell 1.6% to $10.0175, with 65% rated good or excellent. Corn dropped 0.49% to $4.0525, with 5% harvested. On September 12, funds bought grains amid low moisture in Brazil, with USDA projecting higher soybean yields and lower corn yields. European and Black Sea wheat exports may drop by 20 million tons.(Gessulli | Agroclave)

UK - UK Faces 13% Decline In Harvest Yields Since 1983
New analysis indicates that Britain is facing one of its worst harvests since 1983, with yields down over 13%, or three million tonnes, from the five-year average. The wheat harvest in England is projected at 2.2 million tonnes, an 18% decline from 2023. Farmers report low confidence and extreme weather impacts on food security.(FarmingUK)

EU - Wheat Prices Weaken With Demand For High-Quality Varieties
Wheat prices are weakening, with a demand for high-quality varieties.(top agrar online)

EU - Eu Soft Wheat Exports Down 23% To 4.82 Million Tons
EU soft wheat exports for 2024/25 reached 4.82 million metric tons by September 8, a 23% decrease from 6.25 million the previous year. Barley exports fell 34% to 1.32 million tons. Romania led soft wheat exports at 1.72 million tons, while maize imports rose 20% to 3.85 million tons, with Ukraine as the main supplier.(LA NACION | XM)

EU - Wheat Futures Drop €0.75 To €218/T Ahead Of Wasde
Wheat futures in Europe dropped to €218/t, while CBoT declined to 568.5 cents/bushel ahead of the WASDE report, which may indicate a slight decrease in global stocks. Euronext wheat stabilized at €218.25/t despite U.S. market hesitancy and Black Sea competition, with 6% of U.S. winter wheat planting completed by September 8.(Wiadomości Rolnicze | Terre-net)

France - 2024 Trials Yield 51 Q/Ha Wheat, 66 Q/Ha Triticale
In 2024, trials on organic wheat and triticale were conducted in Loudéac, yielding an average of 51 q/ha for wheat and 66 q/ha for triticale. Key varieties included Gwenn, RGT Capexo, and Gergovie for wheat, with protein contents of 11.5%, 10.6%, and 10.4%. The ExpéBio network aims to evaluate new varieties under real conditions.(Chambres d'agriculture - Bretagne)

France - French Wheat Exports To Africa Expected To Decline
Analysts predict a decline in French wheat exports to Africa due to ongoing sector challenges. Concurrently, French wheat yields have decreased by 25% to 62 quintals per hectare, with farmers losing one million hectares since 2016. This decline poses a risk to global food security, as France typically exports half its harvest, increasing reliance on countries like Russia.(Mali Actu | L'Opinion)

France - Cereal Prices Rise: Wheat Up 79%, Barley And Corn Gain
Between September 2 and 9, wheat prices in France rose due to lower production expectations, while barley and corn prices also increased amid production issues in Eastern Europe. By September 10, the wheat market showed hesitation, with corn experiencing a correction, indicating overall price stability on Euronext. French corn cultivation conditions remained stable at 79%.(Réussir | La France Agricole)

Germany - Fertilizer Prices Stagnate As Grain Prices Decline, Demand Weakens
Düngerpreise stagnate due to declining grain prices, with weak nitrogen fertilizer demand. Economic challenges from a poor 2024 harvest lead farmers to hesitate in purchasing fertilizers. Internationally, urea demand remains subdued, while phosphate prices stabilize amidst potential Chinese export restrictions. The potassium market also remains quiet, both in Europe and globally.(agrarheute.com)

Germany - Germany'S Harvest Decline: 3 Million Tons Lost This Year
Germany's agricultural sector is facing severe challenges, with a projected harvest decline of three million tons to 39.4 million tons this year due to climate change. In Saxony, frost and hail reduced yields to 66.6 decitons per hectare, while elite wheat prices fell from over 300 to 240 euros per ton. Heavy rainfall further worsened conditions in the Neu-Ulm district.(Telepolis | Proplanta - Das Informationszentrum für die Landwirtschaft | Augsburger Allgemeine)

Rosja - Nearly 80% Of Russian Wheat Harvest Is Food-Grade Grain
The article discusses that nearly 80% of Russian wheat harvests consist of food-grade grain. This highlights the significant proportion of quality wheat produced in Russia, emphasizing its importance in agricultural output.(Farmer.pl)

Russia - Siberia Faces Crop Damage As Heavy Rains Continue
In Siberia, heavy rains are damaging crops, leading to concerns about agricultural yields. Meteorologists predict continued adverse weather conditions, which could further impact harvests. Farmers are facing significant challenges as they prepare for the upcoming season, with potential losses affecting food supply and prices. The situation remains critical for local agricultural production.(https://mskgazeta.ru/)

Russia - Russia Gains African Grain Market As French Exports Fall 20%
Russia is poised to capitalize on the African grain market as France's wheat exports are projected to decline by 20% due to a poor harvest in 2024. Russian wheat production is estimated at 82.5 million tons, while North Africa's import needs are set to increase to 19.5 million tons, highlighting the demand for imports.(EADaily | Альта-Софт)

Spain - Cereal Prices In Spain Rise: Soft Wheat €218.21/Ton
In September, cereal prices in Spain increased across all products after months of decline, according to Accoe. The upward trend followed rises in international markets, with notable price changes: soft wheat at €218.21/ton (+0.71%), barley at €202.18/ton (+1.15%), and hard wheat at €278.67/ton (+0.87%). However, prices remain lower compared to January 2024.(EFEAGRO)

Spain - Pp Reports 2% Annual Loss In Cereal Crop Areas
The Popular Party (PP) has raised concerns about the significant loss of cereal crop areas in Jerez, attributing it to insufficient government support. Annually, there is a 2% reduction in cultivation. Issues include outdated pricing and competition from non-EU imports. In Cádiz, yields dropped from 4,000 to 2,600 kg per hectare due to pests. The government’s agricultural laws are criticized as ineffective.(El MIRA)

UK - Uk Store Intakes Down 25-33% Due To Poor Weather
UK store intakes are down 25-33% due to poor weather, with North Yorkshire receiving 25,000-30,000t instead of 40,000-50,000t. The UK is also facing its third-worst cereal harvest in 40 years, with output expected to be over 3 million tonnes below average, and wheat yields predicted to drop by nearly 20%.(FarmersWeekly | FarmersWeekly)

Ucrania - Ukrainian Winter Cereals Planting Reaches 2% With 105,200 Hectares
Ukrainian farmers have planted 105,200 hectares of winter cereals for the 2025 harvest, or 2% of the planned area, as of September 9. This includes 101,100 hectares of winter wheat. The area for winter rapeseed is projected to decline by 500,000 hectares due to drought, with 534,700 hectares sown, or 47.6% of the target.(LA NACION | XM)

Ukraine - Grain Wagon Unloading At Great Odessa Ports Declines Further
Grain wagon unloading at Great Odessa ports continues to decline, reflecting ongoing challenges in the agricultural sector. The situation impacts supply chains and market dynamics, with key stakeholders closely monitoring developments. The decline in unloading volumes raises concerns about the efficiency of port operations and overall grain export capacity in the region.(АПК-Інформ)

Ukraine - Ukraine 2025 Winter Grain Sowing 2% Complete With 105,200 Hectares
Ukrainian farmers have sown 105,200 hectares of winter grains for the 2025 harvest, or 2% of the expected area, as of September 9. This includes 101,100 hectares of winter wheat. The expected area for winter wheat is 4.7 million hectares, potentially increasing to over 5 million due to a decline in rapeseed area, which may drop by 500,000 hectares.(XM)

Ukraine - Exporters Pay Higher Prices For Ukrainian Wheat Contracts
Exporters face increased prices for Ukrainian wheat contracts, while Ukrainian farmers project a 2024 harvest decline of 21% for corn, 15% for barley, and 10% for wheat and sunflower. Contributing factors include adverse weather, power outages, labor shortages, and security issues. A related discussion will occur on September 12 at 17:00 via Zoom.(AgroPortal.ua | Экономическая правда)

Afghanistan - Kunduz Plans To Buy 6,000 Tons Of Wheat From Farmers
Kunduz plans to purchase 6,000 tons of wheat from local farmers, as reported by TOLOnews. This initiative aims to support local agriculture and enhance food security in the region.(TOLOnews)

India - Madhya Pradesh Limits Wheat Storage: 3,000 Tons For Wholesalers
Madhya Pradesh has set wheat storage limits effective from September 9, 2023, until March 31, 2025. Wholesalers can store 3,000 tons, and retailers 10 tons, to stabilize prices amid rising costs. The average wheat price is ₹2,700 per quintal, with high-quality wheat priced at ₹3,000-₹3,500. The state contributes 48 lakh tons to India's total of 266 lakh tons.(Sanskardarshan | News18 हिंदी | THECHOPAL | Samachar Nama | Desh Gaon)

Pakistan - Maryam Nawaz Sharif Launches 40,000 Kisan Cards For Farmers
Chief Minister Maryam Nawaz Sharif announced initiatives to uplift Punjab's agriculture, including 40,000 Kisan Cards for 500,000 farmers, enabling loans of Rs. 30,000 to Rs. 150,000 per acre. The Green Tractor Scheme will provide 10,000 tractors with Rs. 1 million subsidies. An internship program for 1,000 graduates and solar tube well conversions are also planned.(The Nation)

Pakistan - Sindh Approves New High-Yield Crop Varieties For Farmers
Sindh has approved new high-yield crop varieties to enhance agricultural productivity. This initiative aims to improve food security and support local farmers by introducing improved seed technologies. The specific varieties and expected yield increases were not detailed in the article.(ProPakistani)

Pakistan - Flour Distribution Drops From 64 To 25 Bags, Protests Erupt
Protests in Gilgit-Baltistan erupted due to a flour crisis, with distribution dropping from 64 to 25 bags. Demonstrators demand the restoration of subsidized wheat flour and government action on rising prices and food shortages. They also plan to advocate for subsidies on 32 essential items amid economic challenges. Authorities have yet to respond to these issues.(Lokmat Times | Devdiscourse | ANI News)

Sri Lanka - Sri Lanka Targets 1.2 Million Tons Wheat Imports, Boosts Exports
The Sri Lankan government aims to enhance foreign exchange earnings by exporting wheat bran pellets to China, following the Agriculture Ministry's recognition of its potential. An MoU with China's General Administration of Customs is set to streamline exports. Wheat imports for 2024/2025 are forecasted at 1.2 million metric tons, with wheat bran comprising 20% of milling output.(dailymirror.lk)

Turkey - Turkey Earns $8 Billion From Grain Exports In 8 Months
Turkey has earned approximately $8 billion from grain exports in the first eight months of the year, with a slight increase of 0.9% in overall food exports totaling $7.8 billion. Despite challenges, including a $100 million loss in wheat flour exports, e-export has surged by 131% to $5 billion, with expectations of reaching $8 billion by the end of 2024.(NNC Haber)

Turkey - Wheat Prices Range From 9.2530 Tl To 13.2720 Tl
Wheat prices in Turkey are experiencing fluctuations, with bread wheat at 9.22 TL/kg, pasta wheat at 10.49 TL/kg, corn at 8.75 TL/kg, and barley at 7.88 TL/kg as of September 9, 2024. Durum wheat prices range from 9.2530 TL to 13.2720 TL, while barley prices lie between 7.8220 TL and 8.2200 TL.(Aydın Ses Gazetesi | Kamu Gündemi | Sektör)

Turkey - Çanakkale Provides 30 Tons To 68 Farmers Affected By Fires
Çanakkale Municipality distributed 30 tons of heirloom wheat and fodder barley to 68 producers, including seven women, impacted by wildfires in 2023 and 2024. Mayor Muharrem Erkek stressed the importance of agricultural sustainability and environmental protection, as the fires devastated hundreds of hectares. The distribution began in Kayadere Village to support recovery efforts.(Çanakkale Gündem | Çanakkale Olay | Boğaz Gazetesi)

World - Fao Lowers 2024 Global Grain Production Forecast By 2.8 Million Tonnes
La FAO a révisé à la baisse ses prévisions de production de céréales pour 2024 de 2,8 millions de tonnes, selon son bulletin du 6 septembre 2024. La récolte mondiale est désormais estimée équivalente à celle de 2023.(La France Agricole)

World - Wheat Prices Rise Tuesday Amid Increased Demand
Wheat prices have shown a positive trend, increasing on Tuesday morning and gaining midday due to heightened demand. On Monday, the market closed mixed, although specific details were unavailable due to Nasdaq issues. Overall, these movements indicate a rebound in the wheat market amid favorable trading conditions.(Barchart | Nasdaq | Barchart)

World - Wheat Production Faces 13% Cut Due To Blast Disease
Wheat production may face a 13% cut due to the wheat blast disease, affecting 13.5 million hectares and resulting in annual losses of 69 million tons. The disease, caused by the Pyricularia oryzae fungus, is exacerbated by climate change and threatens crops globally, especially in South America, where vulnerable areas are increasing.(Agro2 | Revista Cultivar | Notícias Agrícolas)

World - Fao Cereal Price Index Declines 0.5% To 110.1 Points
In August, the FAO cereal price index averaged 110.1 points, down 0.5% from July and 11.9% year-on-year, marking the lowest since September 2020. Weak demand led to falling wheat prices, while corn prices rose amid weather concerns. Rice prices increased by 0.6%, influenced by seasonal tensions and currency appreciation.(Boursorama | Option Finance | Agroprofil)

Morocco - Morocco Secures Four-Month Wheat Stock Amid Global Price Decline
Morocco has secured a wheat stock sufficient for four months, benefiting from a global price decline. This strategic move aims to ensure food security amid fluctuating market conditions.(Telquel.ma)

North Africa - North Africa Seeks New Wheat Suppliers Amid French Yield Drop
North Africa is exploring new wheat suppliers due to a decline in French wheat yields. This shift highlights the region's need for reliable sources amid fluctuating agricultural outputs. The search for alternatives is crucial for maintaining food security and stabilizing prices in the local markets.(The Africa Report)

Russia - Grain Exports Halve In Early September, Says Agrotend
Export of grain in early September nearly halved, according to Agrotend. Two agricultural companies have entered the list of top foreign firms in Russia.(Агротренд)

Russia - Wheat Exports Reach Record 5.6 Million Tons In August
In August, Russia's wheat exports hit a record 5.6 million tons, surpassing last year's 5.4 million tons. Total exports for the first two months of the 2024/25 season reached 9.4 million tons, with Egypt as the largest buyer at 1.4 million tons. Wheat prices increased in deep-water ports but decreased in smaller ports.(АПК-Інформ | CenyRolnicze.pl | DairyNews)

Australia - Australian Wheat Exports Up 19% In July To 1.5 Million Tonnes
Australian wheat exports in July reached 1.5 million tonnes, down 44% year-on-year, with total exports for the 2023-24 marketing year at 17.6 million tonnes. Indonesia and Yemen led imports, increasing by nearly threefold and fourfold, respectively. Barley exports fell 57% to 311,187 tonnes, while canola exports declined by 13% to 386,652 tonnes.(Fastmarkets news)