Procurement Resource Evaluates the Price Trends of Wheat in its Latest Insights and Dashboard
Price Trends of Wheat in its Latest Insights and Dashboard
Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Wheat price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends. Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; Customisation of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of Wheat can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
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Product Description:
Wheat could be a grass that is commonly farmed for its seed, a cereal grain that is a staple diet everywhere around the globe. The monocot genus has numerous wheat species, the foremost frequently grown of which is corn (T. aestivum). Wheat was initially farmed within the geographic region circa 9600 BCE, consistent with archaeological evidence. The wheat kernel could be a sort of fruit called a caryopsis in botany. Wheat is farmed on more land (220.4 million hectares or 545 million acres) than the other food crop.
Regions Covered to Evaluate Wheat Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting Wheat Price Trend:
Wheat is milled into flour, which is then used to make bread, crumpets, muffins, noodles, pasta, biscuits, cakes, pastries, cereal bars, sweet and savoury snack foods, crackers, crispbreads, sauces, and confectionery (e.g., liquorice). It is also used in some of the industries like Dextrose, Malt, and Beverages.
Key Market Players:
- Cargill, Incorporated
- The Archer Daniels Midland Company
- Buhler Group
- CHS Inc.
- Star of the West Milling Co.
- Siemer Milling Company
News and Events:
As it works to discharge cargoes held at ports after last month’s abrupt embargo on wheat exports on June 8, 2022, India may soon enable traders to ship out roughly 1.2 million tonnes of wheat.
About Us:
Procurement Resource is Claight’s subscription-based SaaS platform providing in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent. We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data. To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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