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Cereals

Cereals, Crops, News

Wheat Deficit, Corn Surplus Seen In 2011-12

Global wheat production should rebound in 2011- 12 but still fail to match demand, leading to a further drawdown in stocks and rising prices, Societé Generale analyst Emmanuel Jayet said in a report Feb. 7. “The continuing trend of decreasing global stocks, the possible failure of the U.S. harvest, the poor crop prospects of the
Cereals, News

Saudi Arabia To Import More Wheat

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Saudi Arabia plans to import around two million tonnes of wheat in 2011 like last year and will boost imports to three million tonnes after 2016 as it ends local production, a source at the grains authority said Feb. 2. The top OPEC oil exporter has emerged as a major wheat buyer to feed its
Cereals, Crops, News

Russia Could Return To The Wheat Market

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Russia can regain its place among the world’s top-three wheat exporters in the coming years as long as it can avoid catastrophes such as last year’s massive drought, which resulted in it banning grain sales abroad. Russia had plowed capital into its grains infrastructure as part of a longer-term strategy to push into international wheat
Cereals, News

Cwb President Reappointed For Three Years

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Agriculture Minister and Minister for the Canadian Wheat Board Gerry Ritz has reappointed Ian White as president and chief executive officer (CEO), and David Carefoot as a director of the Canadian Wheat Board. “I am pleased Mr. White and Mr. Carefoot have agreed to continue serving western Canadian farmers,” said Minister Ritz. “As president and
Cereals, News

Push Back On Doubling Cgc Service Fees

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Canada’s grain industry, including farmers, are questioning the Canadian Grain Commission’s (CGC) proposal to go to full cost recovery by more than doubling user fees that have been frozen since 1991. Currently about half of the CGC’s $80-million budget comes from fees charged for its services, most of which are ultimately paid for by farmers.
Cereals, News, Oilseeds

In Brief… – for Feb. 10, 2011

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Demand exceeds production:Global soyoil consumption is likely to rise above production in the current season with Chinese and European demand remaining strong, Hamburg-based oilseeds analysts Oil Worldforecast Feb. 2.Oil World forecasts global Oct. 2010-Sept. 2011 soyoil production at 41.91 million tonnes, below estimated consumption of 41.98 million tonnes. “World consumption of soyoil continues to grow
Cereals, News

Weeds Shift To Meet New Farming Practices

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The widespread adoption of zero or minimum tillage has led to subtle changes in weed populations in Manitoba, according to the provincial weed specialist, Nasir Shaihk. In the 1970s, when tillage was widespread, the top three weeds were volunteer barley, dog mustard and field horsetail. An examination of weed survey results stretching back over the
Cereals, Grain Markets, Oilseeds

StatsCan Canola Data Shows Less Supply, More Demand

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Canola futures on the ICE Futures Canada trading platform posted some significant advances during the week ended Feb. 4, with new contract highs established in a number of months. Strong domestic processor demand for canola, along with continued strong export interest, helped to stimulate some of the strength. Adding to the upward price momentum were
Cereals, Crops, Oilseeds

Canada Crop Stockpiles Shrink After Smaller Crops

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Stockpiles of wheat and canola in Canada, a leading exporter, shrank slightly more than expected at Dec. 31 from a year earlier due to smaller crops, Statistics Canada said Feb. 4, underscoring tight global supplies that have pushed up food prices and sparked protests. Stocks of all wheat in grain bins and country elevators were

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