Turbulent picture for global wheat market

The market is struggling with large exports from Russia and Ukraine. Recent estimates and customs data show that both countries have already shipped abroad almost half of the available quantities for the entire season in the first 4 months of the marketing year, Kaack-Terminhandel reported early this week. Globally, the supply of wheat is not plentiful. Moreover, conditions for the 2025 harvest leave much to be desired in many countries. [caption id="attachment_81076" align="alignright