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CIHEAM News
October 30, 11:32 AM
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Ragab Shehata, head of the Rice Division at the Chamber of Grain Industry at the Federation of Industries, said that the prices of white rice witnessed a slight decrease in the price per ton in the wholesale market by a value ranging between 500 and 1000 pounds, depending on the type
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October 23, 10:16 AM
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Türkiye's wheat import quota will remain at 15% until December 31, 2024. This was announced by Ahmet Güldal, CEO of TMO at the expanded industry meeting of the Ministry of Trade of Turkey together with TUSAF (Turkish Flour Mills Federation), Salih Karagoz, Trade Advisor of ASAP Agri and broker Atria Brokers. Flour producers must purchase 85% of the wheat they need from the TMO for flour production, leaving the option to import only 15% under the domestic processing regime.
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October 22, 11:06 AM
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The total exports of the cereals, pulses, oilseeds and products sector, which includes basic flood products such as biscuits, wheat flour, vegetable oils, sugary and cocoa products and pasta, were announced as 8.7 billion dollars at the end of the third quater.
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October 21, 9:33 AM
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In a groundbreaking study published in Nature, scientists have uncovered a trove of genetic diversity in an antique collection of 827 wheat landraces, which could offer solutions to modern wheat’s vulnerabilities.
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October 23, 6:08 AM
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The Ministry of Agriculture has developed a plan to expand the cultivation of sorghum during the coming year to reach 250 thousand acres instead of 125 thousand, especially in Central Egypt. Sorghum is a dual-purpose crop, as grains and silage are produced from it to feed livestock and poultry. Egypt imports approximately 12 million tons of corn annually, worth 3 billion dollars.
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October 21, 6:57 AM
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Global Grain Geneva will include new features at the event Nov. 12-14 such as sessions on the pulses market, regional and crop-specific sessions and a dedicated millers’ meeting area. The event in Geneva, Switzerland, brings together agri-commodity traders, industry leaders and experts.
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October 23, 8:11 AM
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The Federation of Agricultural Cooperatives of Catalonia (FCAC) has estimated that the rice harvest in 2024 will reach 133,080 tonnes, which represents an increase of 13.4% compared to the previous campaign, thus approaching the average of the campaigns between 2019 and 2022, which stands at 138,247 tonnes. This recovery comes after two years of poor harvests, particularly that of 2023, which was the lowest in the last two decades with only 117,351 tonnes due to irrigation restrictions and drought.
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October 21, 11:36 AM
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Au 14 octobre, seules 13 % des surfaces en maïs grain étaient récoltées contre 67 % à la même date en 2023. Cette année, l'état des sols combiné à la nécessité de préserver la qualité du grain imposent de récolter à des humidités élevées. Les frais de séchage risquent d’être importants pour les agriculteurs malgré la volonté de certaines coopératives de proposer des solutions.
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October 21, 11:19 AM
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COCERAL, the European association of trade in cereals, oilseeds, pulses, animal feed, olive oil, oils and fats, and agrosupply, has released its fourth forecast for the 2024 grain crop, projecting a significant reduction in total production for the EU-27+UK. The total grain output is now expected to reach 280.3 million tonnes, a notable decrease from the previous estimate of 296 million tonnes in June and down from the 294.2 million tonnes harvested in 2023.
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October 21, 11:30 AM
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Agreste a publié le 15 octobre ses chiffres d'août 2024 relatifs au commerce extérieur français. L'excédent commercial agroalimentaire est impacté par le net repli des exportations céréalières et l'accroissement des importations de graines oléagineuses
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October 21, 5:59 AM
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Global production is adjusted lower this month, though still at a record, with the most significant downward revisions for the European Union, Russia, India, and Brazil. Global consumption is lowered slightly but remains a record. Consumption forecasts for India, Afghanistan, and Ukraine are trimmed this month. Global trade is cut as a large reduction to the European Union is only partially offset by an upward revision to Ukraine. Global stocks are revised slightly higher but remain at the lowest level since 2015/16. The U.S. season-average farm price is unchanged at $5.70 per bushel.
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October 21, 6:38 AM
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Algeria excluded French companies from a wheat import tender this week and required that participating firms did not offer French-origin wheat, in apparent fallout from renewed diplomatic tensions between Algiers and Paris, trading sources said. Algerian state grains agency OAIC said in a statement on Thursday that it held a restricted tender on technical grounds linked to industrial needs, adding that it treats all suppliers fairly regardless of their wheat's origin.
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from CIHEAM Press Review
October 23, 10:29 AM
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Prominent global economist Jeffrey Sachs said that the world is currently at a time of deep and multiple crises that are intensifying rapidly and becoming more severe, with no fundamental work being done to solve them. He continued, “The Nile may decrease by 25 percent over the next decade, and the Delta will suffer in all aspects. This does not require mere strategies but substantial investments, and the International Monetary Fund will not provide solutions to these problems.”
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October 23, 6:05 AM
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The U.S. Department of Agriculture (USDA) has lowered its forecast for wheat exports from Ukraine compared to last year despite minor changes in the crop estimates. Experts noted that the wheat production in Ukraine was adjusted by 600 thsd tonnes (22.9 mln tonnes). “Although Spain remains the largest export market, Ukraine has significantly increased its exports to Indonesia, Egypt, Vietnam, Algeria and other key markets in Asia and the Middle East,” the experts say. Ukraine’s wheat exports in MY 2024/25 are forecasted at 16.0 mln tonnes, down 2.6 mln tonnes from last year, as the exports are expected to slow down after the corn harvest and return to the typical seasonal supply patterns.
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October 23, 6:02 AM
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Russian exporters will supply grain to 13 countries directly, without foreign intermediaries, the Grain Exporters Union told Interfax on October 18. This new strategy is aimed at curbing sales at low prices and eliminating the practice of intermediaries reselling Russian grain. According to the union's general director Eduard Zernin, from October 11, deliveries will be made directly to government agencies and sovereign buyers in Egypt, Tunisia, Algeria, Morocco, Jordan, Saudi Arabia, Bangladesh, Qatar, Kuwait, South Korea, Pakistan, India and Iraq.
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October 21, 10:56 AM
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The upcoming Agro&Food Security Forum 2024 is scheduled to take place on December 2-3 in Warsaw, Poland.
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October 21, 8:59 AM
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Controversy over Brazil’s crop estimates commanded the market’s attention earlier this year as the U.S. Department of Agriculture and its Brazilian counterpart established drastically different views on the corn and soybean harvests. These 2023-24 crop disparities were unusually large and involved volumes significant enough to impact global trade given that Brazil is the leading soy exporter and No. 2 in corn.
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October 21, 8:52 AM
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Russia, the world's leading wheat exporter, is expanding its Baltic Sea ports as it aims to boost agricultural exports by 50% by 2030 while reducing dependence on traditional Black Sea routes, officials and executives said. The country, which exported at least 72 million metric tons of grain in the 2023/24 season, is looking at new markets in Latin America and Africa to diversify from its traditional grain markets in North Africa and the Middle East.
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October 21, 6:50 AM
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Grain exports for Ukraine for the 2024-25 season (July-June) were 12.5 million tonnes as of Oct. 16, up from 7.7 million tonnes during the same period a year ago, Reuters reported, citing data from the country’s agriculture ministry. Export volume included 7.1 million tonnes of wheat, 3.5 million tonnes of corn and 1.6 million tonnes of barley. Ukraine, which has been at war since Russia’s February 2022 invasion, has been among the world’s largest exporters for all three commodities.
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October 21, 6:46 AM
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The likelihood of a La Nina weather event in coming months has decreased, Australia's weather bureau said on Tuesday, adding that if the phenomenon did appear, it would be weak and short-lived. The development of La Nina and its opposite, El Nino, are of huge importance to global agriculture, with La Nina typically increasing rainfall in eastern Australia, Southeast Asia and India and reducing rainfall in the Americas.
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October 21, 11:22 AM
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According to the FAO’s latest Food Price Monitoring and Analysis (FPMA) Bulletin, September 2024 saw a rise in international wheat and maize prices, driven by unfavorable weather conditions affecting production in key export regions.
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October 21, 6:35 AM
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India has raised the price at which it will buy new-season wheat from domestic farmers by 150 rupees or 6.6% to encourage growers to expand acreage and remove the need for imports in the world's second-biggest producer of the grain. The revised purchase price of 2,425 rupees ($28.88) per 100 kg for 2025 compares with 2,275 a year earlier, Minister for Information Technology Ashwini Vaishnaw told a news conference after a meeting of Prime Minister Narendra Modi's cabinet.
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October 21, 6:23 AM
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Russia’s Grain Exporters Union began publishing indicative export prices for Russian wheat on Tuesday, following discussions on exports during a meeting between agriculture ministry officials and leading exporters last week. The union said the indicative export price for wheat with 12.5% protein content on a free-on-board (FOB) basis from the Black Sea port of Novorossiysk was $240 per metric ton for October, $245 for November and $250 for December.
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October 23, 6:41 AM
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The alarm was raised at the first World Durum and Pasta Forum by the president of Confagricoltura Massimiliano Giansanti «In 2012, the self-sufficiency rate of durum wheat was 78%, in 2023 it dropped to 56% and in 2024 it will most likely close below 50%, conditioned by adverse weather conditions that have affected yields per hectare.. The value of production has also fallen, influenced by imports»
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October 23, 10:02 AM
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Stating that corn has a share of 22.5% in total grain production, Chairman Şemsi Bayraktar said, "Our corn production reached a record production of 9 million tons for the first time in 2023. In recent years, the increase in crop areas as well as the increase in yield caused corn production to increase significantly. Corn production increased by 57.9% in the last 5 years. However, our producers, who could not find what they expected from the price last year, reduced their corn crop areas this year. According to the first estimate data of the Turkish Statistical Institute, a production of 8.6 million tons is expected in 2024, a decrease of 5.6% compared to the previous year.
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