Paris | Reuters — Canada’s biggest grain merchant Richardson International is entering the malt sector through the acquisition of U.K.-based Anglia Maltings Holdings (AMH), targeting rising demand for the beer and whisky ingredient, Richardson said on Friday without disclosing financial terms. Anglia Maltings operates seven malt facilities in the U.K., Poland, and Germany, with combined
Richardson buys into European malt market
Winnipeg agrifood firm buys U.K.-based Anglia Maltings
Morocco adjusts wheat import scheme in nod to Black Sea
Move could bump up competition among exporters
Rabat/Paris | Reuters — Morocco, a major cereal importer, has modified its wheat import subsidy scheme to make it easier for companies to bring in cargoes from the Black Sea region, an official at state grain agency ONICL said on Wednesday. The revision, also reported by traders, means that as of March importers are able
Europe’s grain crops in good condition as spring approaches
Reuters – Grain crops in Europe are nearing the end of winter in good condition, though low rainfall in the west is a risk for the spring growing period, analysts said. A record dry spell in France over the past month has raised concern about a repeat of the drought that last year damaged later-planted
Greece detects wild ASF case
Reuters – Greece has found African swine fever (ASF) in a wild boar in the north of the country, the World Organization for Animal Health said Jan. 23. The disease was found in a dead wild boar in a forest in the Serres region, which borders Bulgaria and North Macedonia, according to Greek authorities. Greece’s
EU cuts estimate of drought-hit maize crop, raises import outlook
Commission cuts soft wheat exports, raises imports
Paris | Reuters — The European Commission on Friday cut its estimate of this year’s drought-hit maize harvest in the European Union to a new 15-year low while again raising its projection for this season’s maize imports. European maize (corn) crops endured severe drought and several heatwaves during the crucial summer growth period. The Commission
EU wheat exports start strongly as war hangs over season
European Union wheat is being scooped up at the start of the 2022-23 crop season as importers profit from a pullback in prices and seek alternatives to Ukrainian supplies disrupted by war, traders and analysts said. A rare purchase of German wheat this week by Egypt’s state grains buyer, which ramped up direct purchases outside
French seeding down on wheat, up on barley, rapeseed
Reuters – Farmers in France, the European Union’s biggest crop producer, are expected to cut back on wheat and sugar sowing for this year’s harvest, but expand barley and rapeseed area, the country’s Farm Ministry said April 12. The ministry pegged the 2022 area of soft wheat, France’s most grown cereal, at 4.79 million hectares
Food prices hit record high in March, UN agency says
Ukraine conflict driving commodity price hikes
Reuters – World food prices jumped nearly 13 per cent in March to a new record high as the war in Ukraine caused turmoil in markets for staple grains and edible oils, the UN food agency said on Friday. The Food and Agriculture Organization’s (FAO) food price index, which tracks the most globally traded food
Grain exporters tap EU supplies as war shuts Ukraine ports
Hamburg/Paris | Reuters — Grain exporters are looking for alternative sources of wheat and corn as a Russian invasion cuts off Ukrainian supplies, with European Union producers Romania and France being used to cover some nearby loadings, traders said Friday. The conflict has rattled grain markets, with European wheat futures surging to a record high
Pasta makers fret over durum wheat shortfall
With Canadian durum production hit hard, manufacturers around the globe are seeing higher prices
Reuters – Italian pasta makers are fearful of a substantial supply squeeze in the coming months after this summer’s durum wheat price shock, as the market runs out of ways to offset a dire harvest in Canada. Extreme heat and drought this year in Western Canada, which usually accounts for about two-thirds of global durum