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Superpowers influence grain prices

12-07-2024 | |
Drought, excessive rainfall and protectionist measures by major powers such as China and Russia could lead to shortages and price increases. Photo: Canva
Drought, excessive rainfall and protectionist measures by major powers such as China and Russia could lead to shortages and price increases. Photo: Canva
The new wheat harvest is just around the corner. In anticipation of this, a decline has occurred. The European market followed Chicago’s lead, wheat fell by 3% last week, Agritel and IGC (International Grains Council) report. However, there is no pessimism among sellers. Price recovery is possible. The area of ​​wheat on the world market has not increased, preliminary figures show. While major producers, such as China and Russia, may hold onto stocks. They do this to secure the supply o


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Redacteur 1

Marieke
Ploegmakers

Redacteur 2

Matthew
Wedzerai

Redacteur 3

Treena
Hein

de Graaf
Jaap de Graaf Freelance journalist
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