Tag Archives: Ole Houe

Rising food costs in the past years have led farmers across the globe to increase the cultivation of grains and oilseeds. However, consumers are expected to encounter limited supplies through 2024 due to challenging El Nino weather conditions, export limitations and elevated biofuel requirements. Global wheat, corn and soybean prices …

In Asia, grain and oilseed crops have suffered due to an uncommonly dry August as El Nino grew stronger, and predictions for less rain in September further threaten to hinder supplies. While wheat output forecasts are being revised lower due to dry weather in Australia, the world’s second-largest exporter, record-low monsoon rains …

The war in Ukraine and high energy costs accompanied by drought or too much rain seem likely to continue curbing global farm production the next year as well, tightening supplies, even as high prices encourage farmers to boost planting. Production of staples such as rice and wheat is unlikely to …

India has decided to curb rice exports in a move that is expected to lift world prices of the staple and trigger a rally in rival wheat and corn markets, deepening concerns over food inflation. Rice prices in key exporters India, Thailand, Vietnam and Myanmar are set to rise, traders …