Chinese feed wheat demand to plummet as elevated prices curb appetite

Chinese officials threatened to take actions to “safeguard” their sovereignty after President Joe Biden said on Monday that the U.S. would intervene militarily if China invaded Taiwan. In a press conference while visiting Japan, Biden was asked whether he would intervene militarily if China invaded Taiwan. Biden replied,...

May 25 (Reuters) - Following are selected highlights from a report issued by the U.S. Department of Agriculture's Foreign Agricultural Service (FAS) post in New Delhi:. "Heat stress resulting from an unprecedented spike in temperatures beginning in the mid-March 2022 has had a marked impact on India's wheat crop. Yields are 10-15 percent down, driving India's forecasted market year (MY) 2022/23 (April-March) wheat production down from 110 million metric tons (MMT) to 99 MMT. On May 13, 2022, the Indian government announced a ban on wheat exports, citing the sudden spike in global wheat prices and the resulting food security risks to India. ... Under the current market supply situation, India's wheat exports in MY 2022/23 would barely touch upon 6 MMT, compared to MY 2021/22's volume of 8.5 MMT and MY 2022/23's initial projection of 10 MMT."

PARIS, May 23 (Reuters) - Below are the latest yield forecasts, in tonnes per hectare, from the European Union's crop monitoring service, MARS, for the 2022 harvest. For a related story: CROP 2021 2022 2022 % 22/21 % (April) (May) 22/avera ge* Total wheat 5.82 5.74 5.69 -2.1 +1.4 - soft wheat 6.04 5.95 5.89 -2.5 +0.9 - durum wheat 3.54 3.55 3.61 +2.1 +2.7 Total barley 5.08 4.97 4.89 -3.7 +1.0 - spring barley 4.21 4.31 4.18 -0.8 +1.2 - winter barley 6.09 5.79 5.78 -5.1 +0.5 Grain maize 7.94 7.91 7.92 -0.3 +0.6 Rye 4.17 4.11 4.10 -1.6 +5.3 Triticale 4.42 4.34 4.29 -2.8 +2.4 Rapeseed 3.19 3.19 3.17 -0.5 +3.2 Potato N/A 34.4 35.9 N/A +5.9 Sugar beet N/A 77.8 78.0 N/A +5.4 Sunflower 2.34 2.38 2.39 +1.9 +2.5 Soybean 2.83 2.99 2.99 +5.4 +3.4 * Average of the past five years (Reporting by Gus Trompiz and Forrest Crellin Editing by David Goodman )

KYIV, May 24 (Reuters) - Ukraine is seeking ways to get grain and vegetable oils out of the country by breaking a months-long blockade of the Sea of Azov and the Black Sea by the Russian navy and moving more by land. The war, together with Western sanctions against Russia,...

KYIV, May 24 (Reuters) - Ukraine exported around 28,000 tonnes of grain by truck from May 1 to 22, APK-Inform agriculture consultancy said on Tuesday, quoting official data. In peacetime, Ukraine, a major global grain grower and exporter, ships abroad up to 6 million tonnes a month of grain. Its exports fell sharply after Black Sea ports were blocked due to the Russian invasion that began on Feb. 24.

International order will be thrown out the window if Russia is able to escape consequences over its invasion of Ukraine, US Gen. Mark Milley told CNN.

The Kyiv, Ukraine, resident said he wanted to avoid the risks from Russia's war or a currency collapse.

Former President Donald Trump said he believes the United States is now facing an unprecedented threat of nuclear war.

A dangerous mix of increasing international conflict, global climate change, and a lack of governmental efforts to fix either could be leading the world to an era of unprecedented destruction. That’s the thrust of a new report from Stockholm International Peace Institute (SIPRI), a European think tank focused on peace.

Expectant mothers in quarantine are only given two painkiller pills a day — the same treatment given to all COVID-19 patients, sources told RFA.

The intelligence the U.S. shared with Ukraine helped it continue to resist Russian invading forces and even shoot down a transport plane carrying hundreds of Russian troops, a new report revealed. According to current and former U.S. officials who spoke with NBC News on Tuesday, the U.S. provided critical intelligence...

WASHINGTON (Reuters) - The United States on Tuesday offered a reward of up to $10 million for information on six people it described as Russian military intelligence officers who had conducted cyber attacks affecting critical U.S. infrastructure. The six officers work in a cyber-focused unit of Russia's Main Intelligence Directorate...

(Adds outcome from EU ministers meeting, adds comment by EU agricultural policy chief) DAVOS/BRUSSELS, May 24 (Reuters) - Russia is using food supplies as a weapon with global repercussions, acting the same way it does in the energy sector, European Commission President Ursula von der Leyen said on Tuesday. Speaking...

This is an important segment of the population with purchasing power that is practically ignored by advertising campaigns.

"The past two years represented a fake bull market built on sand, not concrete," the founder of Rosenberg Research said in an op-ed on Monday.

CHICAGO, May 24 (Reuters) - U.S. wheat futures fell on Tuesday on expectations that the harvest in the northern hemisphere in the coming weeks will provide relief to tight global balance sheets in the short term, traders said. * Wheat futures have fallen in four of the past five sessions. * Analyst APK-Inform raised its forecasts for Ukraine's 2022/23 grain crop and exports because of a better-than-expected winter harvest. * The most-actively traded Chicago Board of Trade July soft red winter wheat futures contract dropped 35-1/4 cents to settle at $11.54-3/4 a bushel. * The contract dropped below its 10-day moving average. Technical support was noted at its 20-day moving average, a level it has not dropped below in two weeks. * K.C. hard red winter wheat for July delivery was down 39-1/2 cents at $12.37 a bushel and MGEX July spring wheat futures shed 21-1/4 cents to $12.77-1/4 a bushel. * Jordan's state grain buyer is believed to have made no purchase in an international tender to buy 120,000 tonnes of milling wheat which closed on Tuesday, traders said. (Reporting by Mark Weinraub; Editing by Leslie Adler)

CHICAGO, May 23 (Reuters) - U.S. soybean futures fell on Monday on a technical setback after rising to their highest since April 22 during the overnight trading session. * Declines in soymeal added pressure to soybeans, with traders saying recent gains had made soymeal too pricey for domestic buyers looking to feed their livestock. * The benchmark CBOT July soybean futures contract ended down 18-1/4 cents at $16.87 a bushel. * Technical resistance was noted at the high end of the July contract's 20-day Bollinger range, a level it has not traded above since March 24. * CBOT July soymeal futures dropped 1.7% to $422.50 a ton. * CBOT July soyoil settled off 0.46 cent at 80.47 cents per lb. * The U.S. Agriculture Department said on Monday morning that weekly export inspections of soybeans totaled 575,781 tonnes, down from 802,575 tonnes the prior week. Analysts forecasts for the weekly total ranged from 400,000 to 900,000 tonnes. * Analysts were expecting that USDA report on Monday afternoon would show that U.S. soybean planting was 49% complete as of May 22, up from 30% the previous week. (Reporting by Mark Weinraub; Editing by Sandra Maler)

SAO PAULO, May 25 (Reuters) - Brazil's center-south sugarcane crushing missed market expectations in the first half of May, data provided by industry group Unica showed on Wednesday, as the 2022/23 season picks up pace but remains delayed from a year earlier. Crushing reached 34.37 million tonnes in early May,...

CHICAGO, May 23 (Reuters) - Chicago Mercantile Exchange hog futures rose on Monday, with the front-month contract hitting its highest since April 22, on expectations for a pick-up in demand from top pork consumer China, traders said. The most-active July hog futures contract ended firm for the sixth time in...

(Adds CBOT corn prices and comments from analysts and Brazil association) BEIJING/SAO PAULO/CHICAGO, May 24 (Reuters) - China's customs authority signed an agreement with Brazil to allow imports of Brazilian corn, the Chinese Ministry of Commerce said on Tuesday, posing a possible threat to U.S. exports. The agreement signals China...