Chinese buyers cancel or postpone one million tonnes of Australian wheat: sources
CHINESE wheat importers have cancelled or postponed imports of about one million tonnes of Australian wheat cargoes, which were scheduled to be...
China has never cancelled this many shipments of US wheat
CHINA cancelled another batch of United States wheat export shipments, adding to an already record number of cancellations that have weighed on...
Warning signs were long there for Ukraine grain deal
THE Black Sea Grain Initiative was always a precarious arrangement.
Russia’s weaponising of wheat won’t hurt the world
WHEAT is the world’s most important staple – and so, perhaps unsurprisingly, it’s also been wielded as a powerful weapon. Luckily for the...
Agri-commodity prices to ease as growth slows, but upward pressure remains amid macro woes
THE pace of increases in the prices of most agricultural commodities should slow in 2023, due to a higher base effect and...
China halts auctions of wheat reserves before new harvest
CHINA has stopped its weekly wheat auctions from state reserves, earlier than last year when stocks were higher, traders and analysts said.
Kellogg raises sales forecast as price increase counters strike impact
KELLOGG raised its 2022 forecast on Thursday (May 5), banking on more price increases to help counter the impact of supply shortages...
Wheat prices surge as Putin assails Ukraine grain deal
WHEAT futures climbed as much as 6.9 per cent after Russian President Vladimir Putin criticised a recent grain deal with Ukraine, heightening...
Against expectations, global food prices have tumbled
SIX months after Russian tanks rolled into Ukraine, an inflationary shock is still ripping through boardrooms, finance ministries and households, with European...
Indonesia ramps up grain production to improve food security
INDONESIA, a resource-rich country but also one of the world’s top importers of wheat and sugar, is boosting production of staple crops...