Wheat Procurement Market Supply at 1244 MMT, Consumption at 781 MMT for 2023-2024 | ELINT Market Research [Yahoo! Finance]
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Archer-Daniels-Midland Company (ADM)
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Source: Yahoo! Finance
Modern dietary trends and packaged meal demand drive growth. However, ending stocks fell by 4%, impacting supply chains in the wheat market. Albuquerque, N.M., June 24, 2024 (GLOBE NEWSWIRE) -- Wheat is renowned as a major source of vital minerals and carbs and a fundamental component of many international cuisines. It is an important crop in Asia Pacific and may be used in many different recipes due to its versatility. In general, it is employed to make flour, an essential component of pastries and bakeries. Additionally, it's used to make drinks like wheat beers, which are extremely appreciated all around the world. The robust demand for wheat in the food manufacturing sector propels wheat production worldwide and is critical for the expansion of the industry. According to the ELINT Market Research's procurement intelligence analysis, the global supply is valued at 1244 MMT in 2023-2024 for the Global Wheat Procurement Market . Also, during the same projected period, the consumpti
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