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Of improving weather and slow demand – are wheat prices headed for a further fall?

Of improving weather and slow demand – are wheat prices headed for a further fall?

FromCommodities Focus


Of improving weather and slow demand – are wheat prices headed for a further fall?

FromCommodities Focus

ratings:
Length:
18 minutes
Released:
Jul 3, 2024
Format:
Podcast episode

Description

In the global wheat markets, recent concerns over a major production cut in Russia, a key exporter, have sparked attention on the supply and demand dynamics. Neighbouring European producers are also facing similar concerns. Meanwhile, in Canada and Australia, weather developments in recent months have played a significant role in shaping production prospects. While, on the demand side, key importing regions such as the Middle East and North Africa (MENA) and Asia are experiencing challenges as well. In this podcast, Lalita AVD, editor, agriculture news, talks to Vivien Tang, senior editor, APAC agriculture and food Pricing, Vivian Iroanya, editor, EMEA agriculture and food pricing, and Ashya Kaderabek-vela, associate editor, Americas agriculture pricing about the potential implications of the production cut in Russia and analyze how other key wheat exporters, such as Canada and Australia, could step up to fill in the supply gap. Russian Wheat 12.5% FOB Black Sea Deep Water (WRBSD00)  CWRS Wheat 13.5% FOB Vancouver (30-45 days forward) (AWHCD00)  APW Wheat FOB Australia (WAUSA00) 
Released:
Jul 3, 2024
Format:
Podcast episode

Titles in the series (100)

S&P Global Commodity Insights analysis of key news and pricing issues from across the global shipping, natural gas, power, petrochemicals, agriculture, and coal markets.