Archive for July, 2021

LONDON, ENGLAND – Global wheat flour trade is forecast to increase by 7% in marketing year 2021-22 compared to the previous year, according to a report released July 29 by the International Grains Council (IGC).

The IGC projects shipments in the coming year to reach 14.9 million tonnes (wheat equivalent), unchanged from its April forecast and up from an estimated 13.9 million tonnes in 2020-21.

If the 2020-21 estimate is realized, it will be the lowest trade total since 2013-14, when 13.2 ...

CANBERRA, AUSTRALIA — Australian grain production is expected to be strong in the 2021-22 marketing year following a record-breaking wheat production year and two years of drought, according to a report from the Foreign Agricultural Service of the US Department of Agriculture (USDA).

The expected rainfall forecast for July to September is anticipated to boost Australia’s wheat yields.

The USDA estimates Australia’s wheat production to total 29.5 million tonnes in the 2021-22 marketing year about 22% higher that the previous 10-year average. ...

With the COVID-19 pandemic finally starting to ebb, speakers at this year’s International Grains Council (IGC) Conference, held virtually June 8-9 as a precautionary measure, said the global grains and oilseeds supply chain has handled COVID-19 well, despite wrestling with labor supply problems, closed borders, high shipping costs and wild swings in demand, notably away from biodiesel as vehicle use shrank dramatically with people around the world staying home.

The feed sector had problems keeping its workforce safe and got a ...

NEW DELHI, INDIA — India is expected to produce a record 305.4 million tonnes of grain in 2020-21, an increase of 8 million tonnes from last year’s record harvest, according to a report from the Foreign Agricultural Service of the US Department of Agriculture (USDA).

Higher production is being driven by record production of rice, wheat, corn and pulses.

For 2021-22, rice production at 121 million tonnes is not expected to change, despite concerns about the prolonged lull in the monsoon’s rains.

Rice ...

ARLINGTON, VIRGINIA, US — US President Joseph Biden recently encouraged increased competition in the US economy with an executive order, which the National Grain and Feed Association (NGFA) hopes will urge the US Surface Transportation Board (STB) to allow agricultural shippers to request bids from nearby rail carriers.

According to a letter sent by the NGFA and members of the Agricultural Transportation Working Group (ATWG), President Biden’s July 9 executive order encourages the STB to resume its consideration of a proposed ...

KANSAS CITY, MISSOURI, US — As the winter wheat harvest advanced rapidly northward through the central Plains and Central states toward a timely conclusion, producers in the drought-plagued northern Plains and grain markets braced for what increasingly was expected to be a small, quality-challenged 2021 US spring wheat crop.

The US winter wheat harvest was 73% completed by July 18 in the 18 principal production states, the US Department of Agriculture said. That mirrored exactly the progress a year earlier and ...

WASHINGTON, DC, US — Mexico remained the largest market for US wheat in 2020-21, according to export data compiled by the US Department of Agriculture. Other importers rounding out the top five markets for US wheat in 2020-21 included, in order of import volume, China, the Philippines, Japan and the Republic of Korea. Mexico has been the leading importer of US wheat in most recent years, but China leapt into the No. 2 slot last year after an 11th place ...

OTTAWA, CANADA — Less-than-average precipitation, strong winds and increasing heatwaves has challenged Canada’s wheat production for the 2021-22 marketing year, according to a Global Agricultural Information Network (GAIN) report from the US Department of Agriculture (USDA).

Canadian wheat production is expected to slip to 32 million tonnes in the 2021-22 marketing year compared to 35.1 million tonnes in the previous year. The USDA noted a possible future reduction in its estimate depending on how the full impact of recent weather events ...