Wheat Market Retreats as Global Demand Slows The wheat market has retreated in recent months, with significant implications for farmers, consumers, and traders worldwide.
This slowdown is the culmination of several key trends and statistics. According to the International Grains Council (IGC), global wheat stocks have risen sharply, reaching levels not seen in over a decade.
At the same time, consumption has slowed down in major markets like China and Europe, contributing to a surplus.