IGC Lowered the Forecast of Global Wheat Production

In the September report, International Grains Council – IGC analysts lowered the forecast of global wheat production in 2023/24 MY to 783.5 mln tonnes compared to 784.1 mln tonnes in the previous forecast, which is also 21.2 mln tonnes lower than in 2022/23 MY,...

Grain Markets: Rally in MATIF Wheat

European Grain Markets The MATIF wheat front futures rallied yesterday and is back above the 20-day average. The session started strongly after news of a cargo ship hitting a sea mine in the Black Sea, near the border between Romania and Ukraine. The cause of the...