Archive for May 5th, 2021

LONDON, ENGLAND – Global wheat flour trade is projected at 14.4 million tonnes (wheat equivalent) in the 2020-21 marketing year, identical from the year before, according to the International Grains Council (IGC).

As part of its Grain Market Report, released on April 30, the IGC said flour trade declined by 700,000 tonnes from its previous update in January.

The IGC noted that reduced import projections from Iraq (-200,000 tonnes), Yemen (-400,000), Afghanistan (-300,000), Syria (-100,000) and Angola (-100,000) were “only partly offset ...

ST. LOUIS, MISSOURI, US — Building on momentum over the past several quarters, Bunge Ltd. delivered strong financial results in the first quarter of fiscal 2021, reaching a new high watermark for crush capacity utilization, and executing well in the marketplace through strong customer service, innovation and agility.

Bunge net income in the first quarter ended March 31 was $831 million, equal to $5.52 per share on the common stock, a sharp recovery from the first quarter of fiscal 2020, when ...

WASHINGTON, DC, US — Production of whole wheat flour in January-March 2021 was 4.827 million cwts, down 1.063 million cwts, or 18%, from 5.89 million cwts in the first quarter of 2020, according to data published May 3 by the National Agricultural Statistics Service of the US Department of Agriculture.

The 2021 figure was the smallest for a first quarter since quarterly data on whole wheat production has been gathered, beginning in 2014. Production in January-March was down 0.5% from 4.852 ...