GFM Network News


The surge in Black Sea wheat is a huge — and underappreciated — threat, says Alberta producer Greg Porozni (left), seen here talking with Essa Al Ghurair, owner of the United Arab Emirates’ largest flour mill and canola crush plant, during a trade mission earlier this winter.

A tsunami of Black Sea wheat is flooding global markets

The Black Sea troika of wheat producers used to be minnows — now they’re giants and still growing

The Russians aren’t coming, they’ve already arrived. And they’ve been joined by the Kazakhs and Ukrainians. The surge of wheat exports from Black Sea producers into global grain markets isn’t new, but most Prairie farmers may not appreciate just how strong they’ve become. “Russia continues to dominate the global wheat export trade,” market analyst Marlene […] Read more