Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Economic Indicator

Global grain production estimates raised – ING

Source Fxstreet

In its first estimates for 2025/26, the International Grains Council (IGC) forecasts corn production to increase from 1,217mt in 2024/25 to 1,269mt in 2025/26, ING's commodity experts Ewa Manthey and Warren Patterson note.

Markets expect greater output from Brazil, Argentina, Ukraine, and the US

"This reflects expectations for greater output from Brazil, Argentina, Ukraine, and the US. As for consumption, the council thinks demand will increase to 1,263mt from 1,238mt. Corn ending stocks are forecast to rise from 274mt to 280mt in 2025/26. Similarly, global soybean production and consumption are estimated to rise to 427mt (+2.2% YoY) and 426mt (+4.2% YoY), respectively."

"This will see 2025/26 soybean ending stocks rising from 82mt to 83mt. As for wheat, the IGC expects output to increase from 799mt to 807mt in 2025/26 amid rising production from the EU and UK. However, ending stocks are still forecast to drop from 265mt in 2024/25 to 259mt in 2025/26."

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

Solana (SOL) Faces Continued Downside Risk—More Losses Likely Solana started a fresh decline from the $155 zone. SOL price is now consolidating near $145 and might extend losses below the $142 support.

Author NewsBTC

May 06, Tue

Solana started a fresh decline from the $155 zone. SOL price is now consolidating near $145 and might extend losses below the $142 support.

Analysts Highlight 4 Reasons Why ETH Price Could Rebound Strongly in May Ethereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism.

Author Beincrypto

May 07, Wed

Ethereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism.

Ethereum Price Ready to Surge—$2,000 Level Could Be Within Reach Ethereum price started a fresh increase above the $1,800 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,820 resistance.

Author NewsBTC

Yesterday 03: 39

Ethereum price started a fresh increase above the $1,800 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,820 resistance.

Sui Price Forecast: SUI bulls aim for 15% gains as open interest and bullish bets increase among traders Sui (SUI) price extends recent gains, soaring10% higher at the time of writing on Thursday and approaching its key resistance level at $3.65.

Author FXStreet

21 hours ago

Sui (SUI) price extends recent gains, soaring10% higher at the time of writing on Thursday and approaching its key resistance level at $3.65.

Ethereum To ‘Witness Big Breakout’ In The Next Two Weeks If This Level Holds As price continues to trade sideways, Ethereum (ETH) has reclaimed a crucial level, which could kickstart a breakout toward the $2,100 resistance.

Author NewsBTC

21 hours ago

As price continues to trade sideways, Ethereum (ETH) has reclaimed a crucial level, which could kickstart a breakout toward the $2,100 resistance.

Popular Symbols