CINCINNATI, OHIO, U.S. — On day two of the U.S. Grains Council (USGC) summer meeting in Cincinnati, Ohio, U.S., participants focused on agricultural trade in emerging markets. The three markets focused on were India, Africa and opportunities for ethanol sales. Read more…
LONDON, ENGLAND – The International Grains Council (IGC) has lowered its forecast for 2019-20 global grain production as projected wheat output in the E.U., Russia and Canada as well as corn production in China has declined from the previous month. Read more…
MOSCOW, RUSSIA — The Russian government on July 1 announced that it is extending the term of the zero rate on wheat exports until July 1, 2021. The zero wheat export duty, introduced in Russia three years ago, was valid until July 1, 2018, with a subsequent extension until July 1, 2019. Read more…
HARARE, ZIMBABWE — The Reserve Bank of Zimbabwe has released $7 million to buy wheat imports as part of the government’s plan to avoid wheat and bread shortages, the Grain Millers Association of Zimbabwe said June 19. Read more…
LONDON, ENGLAND — Convening for its annual meeting this week in London, members of the International Grains Council (IGC) released their grains, rice and oilseed production outlook for 2019-20. Read more…
NAIROBI, KENYA — Kenyan millers are on the verge of running out of maize as disputes continue between the government, the Strategic Food Reserve (SFR), millers and the National Cereals and Produce Board (NCPB). Read more…
With a massive population and growing economy, China is a hugely important player on the world’s grain and oilseeds market, notably as the world’s largest oilseeds importer. Read more…
LONDON, ENGLAND — Total world grain production is expected to increase 2% in 2019-20 to a total of 2.178 billion tonnes, according to the International Grains Council’s (IGC) Grain Market Report issued on April 25. Read more…