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


Rising canola futures find point of resistance

Canola futures on the ICE Futures Canada trading platform moved higher during the week ended March 16. Concerns about the record pace of usage and the resulting depletion of old-crop canola stocks stimulated some of the upward price action. Chart-related speculative fund buying interest also contributed to the price advances. Much of that buying was

Make time for tea

Throughout its 5,000-year history, drinking tea has been a relaxing, social ritual. In fact, tea is the second most popular beverage in the world next to water. Non-herbal tea is derived from the Camellia senensis plant and tea is one of the leading sources of flavonoids, which are antioxidant compounds that may fight chronic disease.


China set to buy more U.S. corn this year

(Reuters) Strong domestic prices and low reserves are likely to force China to import more U.S. corn this year, squeezing tight world supplies, analysts and industry officials said March 14. China’s corn imports are expected to more than double in the current 2011-12 crop year to four million tonnes from 1.5 million a year earlier,

Experts search for ways to cut food waste

Reuters — Cleaning your plate may not help feed starving children today, but the time-worn advice of mothers everywhere may help reduce food waste from the farm to the fork, help the environment and make it easier to feed the world’s growing population. Hard data is still being collected, but experts at the Reuters Food