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Crop fears to prompt Egypt 'to import extra wheat'

Egypt may import more wheat this season than had initially been thought despite soaring prices, with demand spurred by concerns over next summer's domestic crop and by a quest to reduce reliance on rice. US Department of Agriculture officials in Cairo lifted above 10m tonnes ...

U.S. Export Growth To Continue into 2011

Strong export growth experienced across the nation in 2010 was capped by record numbers at many larger ports in November and the momentum is likely to continue in 2011, reports The Journal of Commerce. Data from research analyst PIERS, a sister company of the JOC, supports the ...

Indian state trader seeks bids to supply 9,000 tonnes of pulses

Indian state-run trading firm PEC LTD has invited bids for import of 9,000 tonnes of pulses to be delivered by March. Bids will close on Janauary 7 and the decision on the tender will be taken by January 14, the company said on its website. * Bidders should source 4,000 tonnes of ...

Kazakhstan grain export increase by nearly one-third in 2010

By the end of 2010, Kazakhstan will have boosted grain flour exports by nearly one-third over 2009 figures, the countrys Agriculture Ministry announced on Monday. Central Asia's largest nation, which is the size of Western Europe, will export 8.6 million tons of grain and flour ...

Thai Rice Output From Main Crop May Fall 5.3% on Flooding

Rough rice output from the main harvest in Thailand, the world s biggest exporter, may drop by 5.3 percent as the worst floods in five decades devastated crops, according to the Office of Agricultural Economics. Prices will stay high because of increasing demand amid declining ...

Russia plans to zero grain import duties

The Russian Grain Union offers to zero the customs import duties for grains till July 2011. It is necessary for the further renewal of the domestic deficit, which will appear in February-March period in the regions, which suffered from the summer droughts. The Ministry of ...

EU wheat output to leap by 9m tonnes next year

France, Germany and the UK will lead a jump of 9m tonnes in European Union soft wheat production next year, as farmers scramble to cash in on high prices - for which the outlook remains "bullish". Strategie Grains, in its first estimate for the 2011 harvest, pegged wheat ...

AWB clocks 'strong' demand for malting barley

AWB highlighted the squeeze in the malting barley market, flagging "strong" demand for the grain even as it warned over reduced supplies in Australia, the main southern hemisphere producer. The Australian grain handler said that the country's supply of malting barley was "clearly ...

FAO forecasts lower world wheat output in 2010-11

ROME, ITALY The United Nation s Food and Agriculture Organization (FAO) recently forecast that world wheat production will reach 653 million tonnes in 2010-11, down 4% from 682 million tonnes in 2009-10, and compared with 685 million tonnes in 2008-09 and 611 million tonnes in ...

US export win helps Chicago wheat top $8 a bushel

Wheat jumped through $8 a bushel in Chicago for only the second time in the past two years, as victory in an Egyptian tender for the grain bolstered hopes for US exports. Chicago's March wheat lot jumped 2.9% to $8.02 a bushel on Tuesday, the highest for a spot contract since ...

Firm exports help EU wheat prices to fresh highs

Wheat prices set a two-year top in Paris, and a record close in London, amid evidence of buyers even at these levels, and following a United Nations downgrade to expectations for Europe's wheat sowings. Paris milling wheat for January ended up 1.0% at E247.25 a tonne, its highest ...

Heilj Province Total Grain Production Tops 50 Billion Kilos

Despite suffering uncommonly low temperatures, heavy rains, water logging and other natural disasters, Heilongjiang province has had another bumper harvest this year. Total crop production topped 50 billion kg, an increase of 6.5 billion kg over the previous year. Heilongjiang ...

Weekly rice sales, exports increase

WASHINGTON, D.C., U.S. Net rice sales of 85,400 tonnes were 10% more than the previous week and 8% more than the prior four-week average, according to the U.S. Department of Agriculture Export Sales Highlights Report released on Dec. 23. Increases were reported for Japan (52,800 ...

Thailand Forecast to Export 9 MLN Tonnes of Rice in 2011

Thailand's Commerce Ministry predicts that Thailand will export 8.5-9 million tonnes of rice next year and that the country should need value-added strategies to cope with price fluctuation. Thai Commerce Minister Porntiva Nakasai said her ministry expected Thailand to export 8.5 ...

Corn prices 'to set record in 2011 - by a margin'

Corn prices are heading for a record in Chicago next year ?by a distance - boosted by the prospect of greater competition by Chinese buyers and US ethanol plants for supplies, Phillip Futures has said. The Singapore-based broker followed many other brokers in making corn its top ...

Russia can resume grain exports in 2011 if harvest tops 80 mln tonnes

Russia will only be able to resume exporting grain in 2011 if the harvest amounts to at least 80 million tonnes (bunker weight), Russian Grain Union President Arkady Zlochevsky said. "With a minimum harvest of 80 million tonnes, exports might total 10 million-15 million tonnes. ...

Australia rains spark fears for vomitoxin in wheat

The rains which have delayed Australia's wheat harvest have lifted fears of mould contamination, with GrainCorp warning it had found significant levels of the vomitoxin in isolated grain samples. The Australian grain handler said it was stepping up checks for vomitoxin after ...

Cargill invests in new animal feed mill in Ukraine

KUTSOVKA, UKRAINE Cargill announced on Dec. 17 plans to invest $7 million in Ukraine to construct a new animal feed mill. The feed mill, which will be built in Kutsovka, marks the company's entry into the animal nutrition market in Ukraine. The mill has the capacity to produce, ...

Maize Flour Prices Drop Amid Increased Supply

An increase in the supply of maize boosted by a bumper crop harvest has lowered the costs of flour by as much as 50 per cent from January's prices, easing pressure on household budgets for the staple. According to Agriculture ministry data, the average price of a 90 kilogramme ...

Corn price may to be too low, export giant says

Corn prices may still be too low to reflect "critically tight" supplies in the US despite their rally of 80% from a late-June low, the Canadian Wheat Board has said, as analysts fuelled expectations over Chinese imports. The board, which controls wheat exports from Canada's ...
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