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US corn inspected for export up 132% on year, down 1.9% on week

The amount of US corn inspected for export in the week ended October 4 totaled 1.351 million mt, up 132% from the 582,248 mt inspected in the year-ago week, data from the Department of Agriculture showed Tuesday. The most recent reporting period’s total was 1.9% lower than the 1.377 million mt of corn inspected in […]

US-China trade war gives India chance to contain its trade deficit

According to a commerce ministry study, of the 603 American tariff lines (items) on which Beijing has imposed extra duties in the range of 15-25%, India can ship out more in case of 44 items without much difficulty, as it currently has access to the Chinese market in these products. The ongoing trade war between […]

US feed industry happy with NAFTA 2.0

The American Feed Industry Association (AFIA) praises the NAFTA 2.0 agreement, as it will facilitate greater market access, regulatory transparency and accountability. The US, Mexico, and Canada trade negotiators have reached an agreement to update, modernise, and replace the trilateral North American Free Trade Agreement (NAFTA). If ratified and approved by the 3 countries, the […]

Global vegetable oil production set to reach new peak

According to the USDA forecast, 2018-’19 world vegetable oil production will probably rise more than 3 percent from the previous year to a record level of just less than 204 million metric tons. Palm, soybean, rapeseed and sunflower oil account for around 87 percent of that figure. Soybean oil is expected to see the biggest […]

Syria’s wheat production at 29-year low

Syria’s wheat production dropped to a near-30-year low because of weather and conflict, according to a UN report. “Wheat production this year fell to a 29-year low of 1.2 million tons, about two-thirds of 2017 levels,” the UN’s Food and Agriculture Organization (FAO) stated on Tuesday. The cause was two-fold – “an extended period of […]

World wheat price rises on Russian concerns

RUSSIA has played a key role in sending world wheat futures higher over the past couple of weeks. Last week saw hefty gains in the US and to lesser extent in Europe as the trade became concerned about the potential for Russia to cut its export program, potentially through the use of hyper-strict phytosanitary requirements […]

China looks to cut minimum protein levels in feed amid trade war

China’s feed regulator on Tuesday proposed to cut the minimum threshold for coarse protein content in pig and poultry feed by 3%, which, if agreed next week, could cut the nation’s demand for soybeans by 10 million mt this marketing year. The state-approved China Feed Industry Association (CFIA) released two documents on Tuesday proposing a […]

EU cereal harvest drops due to summer drought

This summer’s drought has led to a significant drop of total EU cereal production, estimated at 8% below the last five-year average. This is just one of the findings of the latest short-term outlook report, published on October 3 by the European Commission. The report highlights that EU total cereal production for 2018 is expected […]

Trump’s ethanol move delivers gift to corn country

President Donald Trump has ordered the Environmental Protection Agency to expand sales of corn ethanol, a senior White House official said on Monday, delivering a gift to farm state Republicans a month before the midterm elections. The move ends months of bitter behind-the-scenes fighting between corn backers and the oil industry over Trump’s calls to […]

Current developments in the market of the most expensive coarse grain

Although barley export price increased in the 2017/18 season, global imports of the commodity closed this past season above expectations of many market experts. Another drop in the world’s crop in 2017 did not prevent major suppliers from expanding barley shipments by 5% against the previous season, UkrAgroConsult’s analysts note. Noteworthy is that Russia became […]

Vietnam. Gov’t asked to reconsider infected wheat import ban

But Việt Nam has imported wheat for many decades from these countries and there has not been an adverse impact on the environment, and other countries such as Thailand and Malaysia, big importers of US wheat, have not banned it either, Chi said. There has been no research on the impacts of the weed on […]

Zimbabwe. Wheat Harvesting Begins

WHEAT farmers in Manicaland have started harvesting the crop before the onset of the rainy season. Zimbabwe Farmers Union (ZFU) provincial manager, Mr Daniel Mungazi, said most of the wheat crop in the province was ready for harvesting. “The early crop is under harvesting on commercial farms ahead of the early rains which might affect […]

Philippines’ rice imports may hit 2.4 mln T, second biggest on record

The Philippines will allow major rice retailers to import up to 350,000 tons of the grain, its agriculture minister said on Monday, potentially bringing the country’s total purchases this year to 2.4 million tons, the second highest on record. The Philippines, which buys rice from neighbors Vietnam and Thailand, is aggressively boosting purchases to replenish […]

UK wheat crop below five-year average at 14.1m tonnes, says Defra

The 2018 UK wheat crop is down 5.1% on last year, while barley production fell by 7.9%, according to provisional Defra figures. It is estimated that the total wheat crop is just under 14.1m tonnes, below the five-year average for 2013-2017 of 14.8m tonnes. The total barley crop is forecast to be 6.6m tonnes, again […]

Egypt’s need of sugar increases annually by 50K tons

Egypt’s need of sugar increases annually by 50,000 tons because of the population, Head of Sugar Division at the Federation of Industries Hassan Fendi said. Fendi clarified that this demand requires the establishment of a complete sugar industry line every three years to produce 150,000 tons annually to fill the current and future gap. The […]