Global wheat prices are expected to face downward pressure in 2025 due to record production, despite tightening supplies providing short-term support. CBOT wheat price forecasts have been revised downward to an annual average of $5.80 per bushel, citing ample US stocks and bearish market sentiment. Global wheat production is expected to reach a record 793.2…
India’s wheat prices have risen during the festival season, despite curbs on traders and processors. New Delhi recently reduced the limit of wheat stocks traders and millers can hold to boost availability and moderate prices. However, these measures have not reduced prices, which are currently trading at 28,416 rupees ($339.53) per metric ton in New…
The increase in maximum temperatures would not affect the harvest-ready wheat crop, the IMD (India Meteorological Department) stated on Monday. Extreme heat is anticipated to hit India from April to June, with the central and western peninsular regions bearing the brunt of the impact, according to the IMD Director. He stated that there is no…
