CHICAGO—The world is heading toward the tightest grain inventories in years despite the resumption of exports from Ukraine, as the shipments are too few and harvests from other major crop producers are smaller than initially expected, according to grain supply and crop forecast data. Poor weather in key agricultural regions from the United States to…
Droughts, Ukraine War Push Global Grain Stocks Toward Worrying Decade Low
September 27, 2022
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US Wheat Crop Hit by Dry Winter Then Soggy Spring, Adding to Global Tightness
May 31, 2022
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North Dakota farmer Dwight Grotberg wanted to plant more wheat this spring to capitalize on soaring prices since Ukraine’s war cut grain exports and left the world short of millions of tons of wheat supply. Heavy rain has prevented Grotberg from planting as much wheat crop as he wanted and is hampering farmers across the…
Australian Winter Crop Expected to Enter Record Books
Australia’s winter crop production has increased by 89 percent to 55.2 million tonnes and is expected to be the second biggest harvest on record. Wheat production is estimated to have increased by 120 percent to 33.3million tonnes, while barely is up 45 percent to 13.1 million tonnes and canola production rose by 74 per cent to 4.1 million tonnes. The Australian Bureau of Agricultural…
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