World Updates

From world-grain.com A systemic crisis unfolding in the Russian grain industry over the last three years has reached its climax, as farmers massively abandon wheat production, and exports exhibit an unusual negative dynamic. Read the rest of the article here.

From U.S. Wheat Associates Wheat growers do not need a USDA report in one hand and a slide rule in the other to conclude that escalating production costs are outpacing increases in crop revenue. Nor do they need an economics degree to locate the heart of the matter. “The numbers…

From Bloomberg The global wheat trade is being shaken up again after extreme weather hurt crops in the European Union while harvests are booming elsewhere. Read the rest of the article here.