JLK TRADE LLC
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WHEAT

Wheat is a key global commodity as concerns acreage and value and as a staple in diets. Wheat prices are influenced by many different parameters, like climate, yields, oil prices, and of course imports. In addition to a gradual and consistent frowing global wheat demand, these market drivers impact world prices directly and, in the end, food security. 

Grains are now the most important part of the human food supplies. Around 21% of the world’s food supply is dependent upon the annual wheat crop, which regularly suffer from relatively low stocks. Developing countries, most of them are net importer of wheat, consume 78% of total global wheat production. Many of those countries have to subsidize the wheat in order to stabilize and/or lower food prices so it becomes affordable to the total population. However, increasing consumption because of population growth and increasing incomes in developing world puts upward pressure on wheat prices. Especially the growing middle class in highly populated, developing countries, like those in Asia, together with lifestyle changes and consumption patterns are the cause of an increase in demand for food, including grains.

On the supply side, climate and oil prices are two important parameters that have an impact on wheat production. Oil prices influence the cost of wheat. Changes in climate influence production, for instance length of the growing season as well as changes in temperatures and rain. 
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​JLK Trade LLC

7900 International Dr.
Bloomington, MN 55425
​USA
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​Tel: + 1 (952) 333-4406
Skype: JLKTrade
​Email: info@jlktrade.com
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  • home
  • about
    • letter of our chairman
    • who we are
  • product categories
    • baby formula >
      • stage 1
      • stage 2
      • stage 3
    • chicken
    • dairy >
      • full milk powder
      • skim milk powder
      • edam cheese
      • gouda cheese
      • salted butter
      • unsalted butter
      • lactIc butter
      • whipped cream
    • edible oils >
      • canola
      • palm oil
      • corn oil
      • cottonseed oil
      • soybean oil
      • sunflower oil
    • crude oils
    • grains, seeds and pulses >
      • chick peas
      • corn and corn starch
      • lentils
      • red kidney beans
      • sesame seeds
      • soybeans
      • soybean seeds
      • sunflower seeds
      • wheat
    • juices >
      • orange juice
      • apple juice
    • nuts >
      • almonds
      • cashews
      • hazelnuts
      • peanuts
      • pistachios
      • walnuts
    • rice
    • sugar >
      • white sugar icumsa 45
      • white crystal sugar icumsa 150
      • vhp brown sugar icumsa 600 - 1200
  • product specifications
  • our suppliers
  • logistics and supply chain
  • contact