Wheat News

 

Record Indian Wheat Harvest will not seen Benefit Global Supplies - BIMCO

Feb 08, 2023

“India is heading for the highest wheat harvest on record of 112 million tons this spring. However, exports will likely be limited in the coming year as the country is still recovering from last year’s poor harvest and is expected to focus on rebuilding its own wheat inventories,” says Filipe Gouveia, Shipping Analyst at BIMCO.During the past year, the Indian government has struggled to combat high domestic wheat prices and securing local food availability…

BIMCO: U.S. Coarse Grain "Madness" Triples Ton-Mile Demand

May 05, 2021

Record high US seaborne exports of coarse grains in March of 9.2 million tonnes took total Q1 exports to 21.3 million tonnes. This is the highest ever first quarter on record and a 120% increase from Q1 2020.Of the total 21.3m tonnes exported so far this year…

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