News

The National Emergency Management Organization (NEMO) in collaboration with University of the West Indies’s scientists decided to lower the Volcanic Alert Level from “red” to “orange” as a significant decrease of volcano-tectonic earthquakes have been recorded. In addition, no explosions occurred at the volcano since 22 April.

NEMO bulletin cites further:
“An orange Volcano Alert Level means that the volcano may resume explosions with less than twenty-four hours’notice. As a result of this, the Government of St. Vincent and the Grenadines ...

KIEV, UKRAINE — Ukraine’s grain exports are down 24% to 39 million tonnes so far in the July 2020 to June 2021 season, Reuters reported, citing agriculture ministry data.

Exports included 15.13 million tonnes of wheat, 19.14 million tonnes of corn and 4.12 million tonnes of barley.

So far, traders have used about 86% of the total wheat export quota of 17.5 million tonnes for the 2020-21 marketing season. Traders and the ministry have said it is unlikely exports will reach the ...

JAKARTA, INDONESIA — Cargill announced on May 6 that it has started producing AquaXcel feed in its Serang plant with the aim of enabling aquaculture customers to thrive by achieving more sustainable growth.

To commemorate this occasion, a video conference was held that was attended by government officials and Cargill aquafeed customers and partners in Indonesia. Ir. Mimid Abdul Hamid, director of feed from the Ministry of Marine Affairs and Fisheries of Indonesia, delivered a keynote speech.

“We value the partnership with ...

KANSAS CITY, MISSOURI, US — Sosland Publishing Co. has announced its spring Purchasing Seminar, to be held virtually June 8 and 9, will be open to the entire food processing industry at no charge.

Additionally, registration is now open for an in-person Purchasing Seminar to be held in October, the first live Purchasing Seminar in more than two years.

“Providing timely ingredient market information is at the core of our mission at Sosland Publishing Co.,” said Joshua Sosland, president of Sosland Publishing. ...

NEW DEHLI, INDIA — India’s wheat harvest is expected to be the second highest in the 2021-22 marketing year following four consecutive record harvests in the previous years, according to a Global Agricultural Information Network (GAIN) report from the US Department of Agriculture (USDA).

Despite the USDA lowering its initial forecast, India is anticipated to record its second-highest wheat harvest of 105 million tonnes in the 2021-22 marketing year. The early reports of lower yields led the USDA to decrease its ...

KANSAS CITY, MISSOURI, US — Grain millers, merchandisers, brokers and traders continued to express disappointment with rail service in the western United States last week. The main issue was turnaround time for rail car placements back at origins.

One shipper said a Class 1 railroad was 45 days behind in car placements. A merchandiser for a major miller estimated placement at two to three weeks behind schedule. Ideas were that the railroad’s locomotive power, equipment and personnel primarily were engaged in ...

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 ...

UTRECHT, NETHERLANDS — Increased demand in Asia and Africa and rising exports from the Americas and Black Sea region are anticipated to buoy global grains and oilseeds trade growth. Several issues are expected to change these trade patterns while sustainability, policy and consumer trends are anticipated to jumpstart growth of organic crops and diversify crop production to include more pulses, according to a recent report by food and agriculture investor Rabobank.

The report — “The World Grains & Oilseeds Map 2021” ...