Archive for March 19th, 2015

NAPLES, FLORIDA, U.S.. — A survey of millers at division meetings of the North American Millers’ Association meeting in Naples, Florida, U.S., on March 17 forecast 2015 soft red winter wheat production down 16% from 2014 but soft white winter wheat production up 6%.

Soft wheat millers forecast U.S. 2015 soft red winter wheat production at 380,869,000 bushels, down 16% from 455,297,000 bushels in 2014 and compared with five-year average production of 421,690,800 bushels. If realized, 2015 production would be the ...

LETHBRIDGE, ALBERTA, CANADA — Member of Parliament for Lethbridge Jim Hillyer announced on March 17 an investment of C$1 million to the Alberta Wheat Commission to develop an innovative, low-cost way to increase winter wheat production in western Canada.

This project will evaluate new varieties that offer greater yield, quality and consistency, and develop best management practices that promote healthier winter wheat, enabling producers to diversify their operations. It will also provide producers with information and tools about winter wheat production ...

BUCHAREST, ROMANIA — Archer Daniels Midland Co. has reached an agreement with two Romanian businessmen to take full control of two grain terminals located in the Romanian Black Sea port of Constanta, Bucharest, Romanian-based media reported on March 17.

ADM already owns 22% of one of the terminals, North Star Shipping, and half of the other, Minmetal, according to the financial publication Ziarul Financiar said, quoting market sources.

Romanian businessmen Liviu Ghebaur and Ion Vasile own 53% and 25% of North Star ...