PARIS (Reuters) - France's rain-hit wheat crop has delivered the first shock of the 2014/15 season: the EU's top grower and exporter is buying Lithuanian and British milling wheat to mix with its unusually
Burdensome wheat supplies will depress prices in the short term, but the underlying demand for grains bodes well for the long-term market outlook, says Mark Welch, Texas AgriLife Extension grain marketing economist. Welch discussed wheat and grain outlooks at the recent Big Country Wheat Conference in Abilene.
CHICAGO (Reuters) - Dave Wiechert of Nashville, Illinois, does good business most years cleaning seed for farmers in preparation for planting season. But this year, Wiechert is doing big business after
BOZEMAN - Montana State University and wheat growers across the state are working together to protect the state's billion-dollar wheat industry from a tiny orange midge capable of inflicting major damage to the crop.
RESULTS of a 14-year research project on 'silent killer' fungal diseases eating into wheat yields could save the agricultural industry more than $300 million annually.
Prof Richard Oliver, who is leading a team from the Centre for Crop and Disease Management at Curtin University in WA, said wheat breeders had experience in breeding resistance to rust and were good at it but this group of diseases, which included septoria nodorum blotch and yellow spot, were more difficult to tackle.
A commercial genetically modified (GM) wheat product could still be a decade away from hitting the marketplace.
InterGrain chief executive officer Tress Walmsley told last week's Pastoralists and Graziers Association convention that while it was impossible to know the timeframe of every research and development organisation, the larger research groups still had a long way to go before a GM wheat product would reach the market.
With the global wheat market set to witness a glut, what exactly will be the production, supply and demand scenario? How will prices of wheat behave? What are the market dynamics at play with regard to wheat? How about logistics and warehousing facilities for the grain?
Amidst high price of wheat in local market, the Karachi-based private importers have struck the deal of purchasing around 500,000 tons of wheat with Russian states and the shipment for this deal will start in mid of August.
"The expected gross harvest [harvest of the current year] is about 17 million tons, and the carryover 4 million tons, that is, the export capacity is 8-9 million tons," Khasenov noted at a press-conference.