India has approved a policy of restricting wheat flour exports, in a bid to bring down prices on the domestic market.
Ukraine’s crucial grain has been leaving its ports again since recent Black Sea deal. Farmers may cut plantings further if sales remain slow. Domestic prices are slowly improving. Most of Ukraine’s wheat consists of winter varieties, which are sown from now and then lie dormant during the coldest months, before resuming growth in spring.
USA - Southern, eastern Idaho wheat expectations tempered by crop quality problems associated with kernels accumulating starch amid excessive heat, compounded by untimely rains and hail late in the season.
Romania has reaped 9 million tonnes of wheat this year, as weather & higher production costs caused crops to fall by roughly a fifth from last year.
Importers in China bought several cargoes of French wheat last week, the 2nd time this summer that Chinese buyers have taken advantage of a price drop.
