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INDIA -The Roller Flour Millers’ Federation of India president says the country’s ban on wheat exports since May last year successfully lowered prices and should continue, Reuters reported. Last year, after Russia invaded Ukraine, grain exports from India, the world’s second-biggest producer after China, surged after the catastrophe boosted global prices. However, a sudden rise in temperatures in March 2022…
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RUSSIA- In 2022, Russia exported around 1.3 million tonnes of wheat to Algeria which is four times what Algeria imported from Russia in 2021- the Russian news agency Interfax reported. Citing data from the export center of the Ministry of Agriculture, Interfax provided that the North African country imported 330,000 tonnes of wheat from Russia in 2021. According to Eduard…
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USA- The USDA notes that U.S. agricultural exports in fiscal year (FY) 2023 are projected at US$184.5 billion, down US$5.5 billion from the November forecast. According to the Agricultural Outlook Forum (AOF) on February 23, the USDA provided that export forecasts for all major commodity groups are down, with corn, sorghum, and soybeans expected to have the most reduction. Overall…
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