Category: Agriculture

Russian weather lifts wheat prices

CRM Agri has reported the wheat futures extended gains, after the USDA, in its first global grain supply and demand estimates for 2024/25, forecasted that wheat inventories would shrink to a nine-year low. The decline in stocks was led by major exporters, whose supply levels are particularly important in setting world prices. Chicago wheat futures […]

East Africa warned of impending food shortage after floods devastate croplands, kill livestock

The heavy rainfall and floods that have been battering East Africa since March have submerged thousands of acres of croplands and killed thousands of livestock, leaving the region vulnerable to an imminent food shortage, according to experts. Alongside the loss of life, the agricultural devastation is immense and has significant nutritional implications. In Kenya alone, […]