Wheat

Russia's December Wheat Exports Close To Record, Experts Say

Wheat exports from Russia will be close to record highs in December.

Chicago wheat lost more ground on Thursday after Russia reversed a decision to suspend its participation in a Black Sea grain export deal.

French farmers had sown 46% of the expected soft wheat area for next year's harvest by 17 October.

Farm office FranceAgriMer on Wednesday raised its forecast for French soft wheat exports outside the European Union.

Ukraine expects a 2022 grain crop of 50-52 million tonnes, unchanged from the previous estimate and down from 86 million tonnes last year.

A drop in global wheat prices in August was partly due to grain exports resuming from Ukraine.

Egypt is in its latest round of talks to buy wheat by direct purchase.

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