Is grain profitable?
The continued low corn and soybean prices resulted in greatly reduced profit levels for Midwest crop producers in 2024, and have lowered profitability prospects for 2025. In the past 18 months, there have been very few good opportunities for farmers to market corn and soybeans at favorable levels. Major wheat producers China produced more than 136 million metric tons of wheat in 2023/2024, retaining its place as the largest producer of this cereal grain worldwide. The second-largest wheat producer is the European Union with just over 134 million tons in the 2023-2024 marketing year.Domestic Changes at a Glance: U. S. June forecast and down 2 percent year to year.Uttar Pradesh Uttar Pradesh is the largest wheat producer, accounting for more than 34% of India’s total wheat production. It has the largest wheat area. It grows almost everywhere in the state. But most concentrated in the west.Crop futures for wheat started increasing back in November, and people started planting more wheat all over the world — India in particular . The shortfall from Ukraine and Russia is projected to be 7 million tons, which sounds like a lot, but India alone is said to export 4 – 6 million more tons that last year.In 2025, U. S. Soybean acres are projected at 83. Wheat acres decreased from 46.
What is the profit per acre of Wheat in India?
The Rabi season is ideal for wheat, requiring a cool climate and well-drained soil. With proper management, wheat yields can reach up to 30 quintals per acre, providing an average income of ₹30,000 to ₹40,000 per acre per year. For the 2025-26 rabi marketing season starting April, the minimum support price for wheat has been fixed at Rs 2,425 per quintal.The cabinet committee on economic affairs has increased the wheat MSP by ₹150 (7%), revising it from ₹2,275 to ₹2,425. The committee also mentioned ₹1,182 as expected cost of wheat production per quintal than last year’s ₹1,128.
What is the price of Russian wheat?
Russian Wheat Grain at ₹ 15651/ton(s) | Wheat Grains in Durg | ID: 11550238912. Along with wheat, Russia’s main food crops include barley, corn (maize), rye, oats, millet, buckwheat, rice and pulses.Ukraine enjoys excellent conditions for agriculture, including around a third of the world’s most fertile land. Three crops dominate the country’s agricultural production: wheat, maize and sunflower, intended primarily for export.
In which country is wheat the cheapest?
Ukraine has very fertile soil and low fertilizer and energy prices, enabling it to produce the cheapest wheat in the world, most of which is destined for export. Yearly Trade The most recent exports are led by Crude Petroleum ($122B), Refined Petroleum ($52. B), Petroleum Gas ($39B), Coal Briquettes ($27. B), and Gold ($13. B). The most common destination for the exports of Russia are China ($129B), India ($66. B), Turkey ($31B), Kazakhstan ($16. B), and Brazil ($11. B).Russia accounted for 25% of global wheat exports last year and became the world’s top barley exporter in 2024,” he noted.