Tag Archives: Dennis Voznesenski

Harsh weather affecting major global exporters is reducing wheat output and cutting inventories that have already been projected to hit nine-year lows while fuelling a sudden uptick in prices. Dryness afflicting suppliers from Russia, the world’s biggest, to Argentina, is making food production vulnerable as recent Russian attacks on grain ships …

Wheat buyers in Asia, Africa and the Middle East, which account for two-thirds of global imports of the staple, have been caught out with relatively little supply after adverse weather in Russia and Europe unexpectedly sent prices surging 30 percent since April. Ole Houe Importers who had been buying cargoes …