News

WASHINGTON, DC, US — US corn and sorghum exports ticked up in the 2020-21 marketing year based on strong foreign demand and reduced competition, according to a report from the Foreign Agricultural Service of the US Department of Agriculture.

Lowered corn crop output supplies in Brazil and strong demand have set US corn exports for the 2020-21 marketing year to estimate about 73 million tonnes. If realized, it would be the largest US corn export season ever and valued at $17.9 ...

PORT OF JOHNSTOWN, ONTARIO, CANADA — The Agriculture and Agri-Food Canada (AAFC) has launched a new C$165.7 million Agricultural Clean Technology Program.

The goal is to help create climate-smart agriculture through research, innovation and adoption of clean technologies, including dedicated support for farmers to help reduce grain drying costs.

During a virtual visit at the Port of Johnstown, an intermodal port on the St. Lawrence Seaway and the largest grain storage facility in Eastern Ontario, Neil Ellis, parliamentary secretary, announced the program ...

ARLINGTON, VIRGINIA, US — The EU and United States have made steps to end their trade dispute concerning aircraft carrier tariffs with the introduction of a cooperative framework.

According to the US Wheat Associates (USW) and the National Association of Wheat Growers (NAWG), the dispute caused the EU to place retaliatory tariffs on non-durum wheat, which blocked an average of annual imports of more than 538,000 tonnes of mainly US hard red spring and some hard red winter wheat.

The new cooperative ...

SOFIA, BULGARIA — Favorable weather in April and May are expected to increase Bulgaria’s wheat and barley production in the 2021-22 marketing year, according to a Global Agricultural Information Network report from the US Department of Agriculture (USDA).

The country’s wheat production is estimated to total 6.05 million tonnes in the 2021-22 marketing compared to the previous forecast of 5.9 million tonnes. Exports of wheat and products throughout February 2021 were 2.37 million tonnes, which, according to the USDA, marked a ...

WASHINGTON, DC, US — The Consumer Price Index for baked foods and cereal products increased 0.4% in May, its fourth straight month of gains, according to the Bureau of Labor Statistics of the US Department of Labor. The index for all food at home rose 0.3%.

Of the 18 items followed by Milling & Baking News, a sister publication of World Grain, 14 posted month-over-month increases and 4 posted declines.

The May index for Cereals and Bakery Products before seasonal adjustment was ...

KANSAS CITY, MISSOURI, US – After 60 years of operating in a planned economy, India’s agricultural sector is changing course. Last fall, after contentious debate, India’s parliament passed three laws designed to liberalize sales of agricultural products and pave the way for the country to become a powerhouse exporter.

Advocates of the new free market system say allowing the private sector to play a bigger role will spur land consolidation and investment in mechanization, as well as generate economies of scale ...

MONTREAL, QUEBEC, CANADA — Canadian National Railway Co. (CN) and Kansas City Southern (KCS) have moved a step closer in their merger process, filing certain documents with the Surface Transportation Board (STB) that will allow the STB to review the voting trust in connection with the definitive merger agreement between CN and KCS. In mid-May, CN agreed to acquire KCS in a transaction valued at $33.6 billion.

The newly filed documents include written opinions of financial advisers, debt commitment letters and ...

TAIPEI, TAIWAN — A serious water shortage since late 2020 has forced Taiwan to stop irrigating cropland, a move that will hurt rice production, according to a report from the Foreign Agricultural Service of the US Department of Agriculture (USDA).

With 46% of the rice planting area left fallow for the first 2021 crop, the USDA said production will be significantly impacted. In 2020, first crop rice production reached 1.1 million tonnes.

For the first time in 56 years, no typhoons passed ...

World coarse grains production is set to break records as farmers increase planted area in reaction to the highest prices in many years. Brazil and China will lead the way.

In its Feed Outlook report, published May 14, the Economic Research Service (ERS) of the US Department of Agriculture forecast global coarse grains production in 2021-22 at a record of 1.495 billion tonnes, up 58.5 million from the previous year. It warned, however, that the initial assessment is still highly tentative.

High ...

WASHINGTON, DC, US — The US Department of Agriculture in its June World Agricultural Supply and Demand Estimates report issued June 10 forecast the carryover of wheat on June 1, 2022, at 770 million bushels, down 4 million bushels from the May outlook and down 82 million bushels, or 10%, from a downwardly revised 852 million bushels in 2020-21. The 2021 carryover was lowered 20 million bushels as estimated 2020-21 wheat exports were raised 20 million bushels to 985 million ...