IGC cuts forecast for 2012-13 world wheat crop

london / reuters / The International Grains Council (IGC) cut its forecast for global wheat production in 2012-13 April 25, citing diminished crop prospects in the European Union. “The EU crop forecast is reduced sharply due to reports of worse-than-expected winter damage and recent dry conditions,” the IGC said in a monthly update. The IGC



Canada barley trade losing ground to Argentina

Reuters / Canada’s barley exports have dwindled to a fraction of their former might, as Argentina muscles in on trade and domestic cattle feedlots offer farmers better prices than exporters. Through March 25, Canada was on pace for exports of 1.3 million tonnes in 2011-12 similar to the past two marketing years, according to Canadian Grain

IGC sees record maize crop in 2012-13

Global maize production is projected to rise to a record 900 million tonnes in 2012-13, outstripping demand for the first time since the 2008-09 season, the International Grains Council said April 2. The IGC, in a monthly report, also cut its forecast for the global maize stocks at the end of the 2011-12 season following


IGC sees global maize deficit

Reuters / World maize production should climb in 2012-13 but is likely to remain below consumption as demand for meat boosts feed use, International Grains Council senior economist Amy Reynolds said March 14. Reynolds, in a presentation at the Agra Europe outlook conference, put the 2012-13 global maize crop at 880 million tonnes, up from

In Brief… – for Sep. 29, 2011

Cargill expands West Fargo plant:Cargill will spend an estimated $50 million rebuilding and expanding its oilseed-processing plant in West Fargo, the company has announced. The existing facility has served us well since we built it 30 years ago, and we are now looking at rebuilding it to meet the needs of our customers for the


There Are Other Issues Than The CWB

Though you d hardly know it, the Canadian grain industry is facing issues other than the Canadian Wheat Board. For example, just what are the long-term prospects for Prairie wheat and barley exports, wheat board or not? That came to mind last week while reading Reuters reports on production and export activity out of the

CWB Sees More Wheat And Durum This Year

The Canadian Wheat Board raised its 2011-12 outlook for wheat and barley on Friday, as a warm, dry summer looks to produce bigger harvests than a year ago. Spring floods left an estimated six million acres unplanted across the Prairies, but a hot summer with timely rains has helped crops in Alberta and most of


In Brief… – for Jun. 9, 2011

New target:Former Dauphin MP Inky Mark has been elected by acclamation Manitoba director of Canada’s National Firearms Association. Mark served as Conservative MP for Dauphin-Swan River-Marquette for 13 years until last September when he retired from federal politics. He has also served as mayor of Dauphin. “Inky is a valuable addition to our team,” said

Western Barley Sees Actual Trading

Canola contracts on the ICE Futures Canada platform moved higher during the week ended April 1, taking their cue from the rally in the U.S. soybean and corn markets. Activity was range-bound and choppy for the first half of the week, as participants squared their positions ahead of two widely anticipated U.S. Department of Agriculture