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Cereals, Crops

Food Corp To Start E-Auction Of Wheat

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Food Corp of India (FCI) will begin electronic auctions of wheat from March 16, using National Spot Exchange Ltd. (NSEL) platform under the open-market sales scheme, the company said in a statement March 15. The government releases excess stocks available after public distribution through an open-market sales scheme (OMSS) to stabilize prices every year. Part
Cereals, Crops, Oilseeds

NDP Proposes Tough Restrictions For New GE Crops

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Aprivate member’s bill before the House of Commons this month would require regulators to consider the potential market impact of any new genetically engineered crop before approving it. Alex Atamanenko should get the backing of his fellow NDPers as well as Bloq MPs, who are against GE crops. The Liberals tend to be divided on
Cereals, Crops, News

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Cereals, Crops

Russia Plans To Expand Wheat Exports

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“We will be selling Russian wheat directly to flour mills in Asia and we are not going to go through third-party trading companies.” Russian wheat exports to Asia are likely to jump sixfold, to around three million tonnes by 2011, as the country mounts its first aggressive marketing campaign to sell grain in the region,
Cereals, Livestock, Oilseeds

Viterra Buys North Dakota Pasta Processor

Viterra Inc. said March 10 it planned to acquire Dakota Growers Pasta Co., based in Carrington, North Dakota. It did not provide an acquisition price, but it said that Dakota Growers has an enterprise value of US$240 million. Dakota Growers is one of the largest durum mills in North America and the third-largest producer of
Cereals, Crops, News

Canada Could Gain From Southern Trade Dispute

“Until this gets resolved … I can’t see that we’re going to be able to sell to Brazil in the near future.” – REBECCA BRATTER Canadian wheat exports stand to gain from Brazil’s move to triple non-hard wheat tariffs against the United States, a Canadian Wheat Board official said March 10. The Brazilian government published
Cereals, Crops, News, Oilseeds

U. S. Grain Stockpiles Swell As Sales Slow

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U. S. corn and wheat stockpiles will swell to their largest size in years as corn exports slow and Americans use less flour, the government said on March 10 in a report likely to influence planting this spring. Record crops, despite last year’s rain, flooding and snow, are still in the marketing stream. The supplies
Cereals, Crops, News

Ochratoxin Regulations Coming For Canadian Grains

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“As we go forward there are going to be more and more regulators around the world paying attention and the marketers of your grain are going to be paying more and more attention with what you do, as producers, on your farm in terms of storage, in terms of following the label when using pesticides.”
Cereals, News

Brisk Grain Movement Coming

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The Canadian Wheat Board is on track to meet its export target of 19.3 million tonnes of wheat, durum and barley this year thanks to unusually good rail service, farmers here were told last week. “In my 10 or 11 years at the wheat board this is probably their (railways) best year next to last
Cereals, News

ICE Canada Barley Contract Languishing

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Open interest in the ICE Futures Canada barley market has declined to where the contract is no longer a viable pricing option, despite recent efforts made by ICE Canada to raise its appeal to a broader range of participants. But the contract is not likely to be delisted any time soon; ICE Canada is still

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