Wheat Exports

10-Dec-2024 08:27 AM

Wheat Exports
USA: Wheat and wheat product exports from the U.S. are expected to increase by 15% compared to last year.
France: Soft wheat sowing has reached 96%, with 86% of the crop reported in excellent condition.
Ukraine: Wheat production in 2025 is projected to rise by 1.3 million tons, reaching 23.7 million tons.
~~~~~~~~~~~~~~~~~~~~~
Domestic Wheat Market
In Delhi, wheat prices closed at Rs. 3,070 per quintal yesterday.
Prices initially declined after FCI (Food Corporation of India) tenders but have started rising over the past two days.
Sowing has seen a substantial increase. According to government data, wheat sowing is up by 5.34% compared to last year, reaching 24 million hectares, slightly below the 23.415 million tons sown last year.
Most states are expected to report higher sowing this year due to favorable high prices.
★ For more information, click on the link below to see how the markets will be.
https://youtu.be/4pXSj_p9rsQ