USDA again raises forecasts for world wheat production, consumption, exports, and stocks in FY 2023/24

게시됨 2024년 1월 15일

Tridge 요약

The USDA raised their forecasts for world wheat production, consumption, exports, and stocks in the January report, but this did not have much impact on quotations as prices had already fallen by 5-6% during the month. The increase in harvest and export forecasts for Ukraine and the Russian Federation, who sell the cheapest wheat on the world market, will continue to put pressure on prices. March wheat futures fell due to a surprise decline in the U.S. winter wheat acreage forecast, estimated at 34.425 million acres compared to 36.699 million acres last year and 35.7 million acres forecast by analysts.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

In the January report, as in the December report, USDA experts again raised their forecasts for world wheat production, consumption, exports and stocks. But quotations almost did not react to this, as they already fell by 5-6% during the month. An increase in harvest and export forecasts for Ukraine and the Russian Federation, which sell the cheapest wheat on the world market, will increase pressure on prices. In comparison with the December estimates, the January wheat balance for 2023/24 MR underwent the following changes: According to the report, March wheat futures fell: The quote ...

출처: Graintrade