In the USDA's August World Agricultural Supply and Demand Estimates (WASDE) report, the world is projected to produce 779.60 million tonnes of wheat and provide 208.65 million tonnes for export in marketing year 2022-23.
These are the eight major wheat importing nations/regions by tonnes as listed in the monthly WASDE and their annual production projections.
Russia’s invasion of Ukraine in February and the persistent La Niña climate phenomenon have combined to create some of the most volatile market conditions in recent memory, sending prices skyrocketing as nations that depend on wheat to feed their populations scramble to secure supplies.
Each month, the WASDE releases new projections to reflect the most recent global market and production conditions, and this slideshow will be updated with those changes.
Following are countries among the world’s least developed that are the most dependent on Russia and Ukraine for their annual wheat supply (2020), according to the United Nations Conference on Trade and Development. Nations in Africa import 44% of their wheat from Russia and Ukraine, according to the UN.
Sources: unctad.org and knoema.com/atlas.
Guests from all over the world attended Ocrim’s "Wheat, Flour, And…" event Sept. 22-24 in Rimini, Italy, and the surrounding area, featuring days packed with education, culture and connection to the company’s roots and vision for the future.
Founded in 1945, Ocrim specializes in supplying milling plants, feed mills and grain processing systems in general and specializes in turnkey solutions. The company also is focused on and invests in training, customer satisfaction and communication.
For a complete recap of Wheat, Flour, And, visit ocrim.com.