News

Researchers, farmers gain ground in fight against deadly maize disease

Like other crops facing the challenge of pests and diseases, maize, Africa’s second most consumed cereal after rice is no exemption. Farmers in eastern Uganda have been battling the notorious Maize Lethal Necrosis Disease, also known simply as MLND, which causes low yields to total crop failure.
In 2013, several districts in the east were hit by MLND. Bulambuli, as a case in point, suffered a 30 per cent yield loss. When farmers spotted a “strange” disease, it was immediately ...

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India’s Wheat to Stay in Silos as Global Glut Trims Prices

India’s wheat exports are poised to fall this year as an increase in supplies from Australia, Russia and Europe has pulled down global prices and made shipments from India non-viable.This could put pressure on the government as it would be forced to procure more of the grain at the state-set price as India is expected to have another bumper harvest.

Trading companies from USbased Cargill to local major ITC aren’t signing contracts for the new crop to be harvested in April-May ...

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ADM earnings surge on large harvest

CHICAGO, ILLINOIS, U.S. — Archer Daniels Midland Co. (ADM) reported on Feb. 3 that earnings for the quarter ended Dec. 31, 2014, were up 87.4% thanks to a record-large U.S. harvest that boosted grain volumes and supported strong exports.

ADM reported net earnings of $701 million, or $1.08 per share, up from $374 million, or 56¢ a share, a year earlier. For the calendar year, adjusted earnings per share of $3.20 were up 37% versus the prior year.

Excluding special items such ...

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ADM to sell 50% stake in Brazilian terminal

CHICAGO, ILLINOIS, U.S. — Archer Daniels Midland Company (ADM) announced on Feb. 3 that it has reached an agreement to sell to Glencore plc a 50% stake in its export terminal in Barcarena, in the northern Brazilian state of Pará. The ADM-Glencore joint venture that will own and operate the facility following the transaction also plans to quadruple the terminal’s capacity from 1.5 million tonnes to 6 million tonnes.
“ADM is continuing to take actions to improve our returns on ...

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CBH reports fourth largest harvest in history

WEST PERTH, AUSTRALIA — Western Australian growers have delivered the fourth largest harvest in history, with 13.52 million tonnes received, CBH said on Feb. 1.

The total is around 3 million tonnes more than CBH’s 10-year average.

CBH Group General Manager Operations David Capper said this year’s final harvest figure was higher than expected.

“Inclement weather throughout harvest made it very challenging for many growers and in some regions this contributed to a reduction in yields of about 15 percent. Despite this some ...

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AFIA seminar explores exporting feed

ATLANTA, GEORGIA, U.S. — The American Feed Industry Association (AFIA) hosted a half-day meeting on “Exporting Feed and Feed Ingredients to the U.S.” at the International Production & Processing Expo in Atlanta, Georgia, U.S., Jan. 27-29. The conference provided attendees the opportunity to hear from key industry professionals discussing the complex process of exporting feed and feed ingredients to the U.S.

“How animal food is regulated in the U.S. can be complicated to those who are not used to our federal ...

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Ukraine restricts wheat exports

India, Jan. 28 — The Ukrainian government and traders have agreed that no more than 1.2 million tonnes of Ukrainian millingwheat will be exported between Jan. 1 and June 30.The volume will fulfill all their export obligations in which sales of millingwheat will not exceed 900,000 tonnes in the first quarter in 2015 and 300,000 in the following three months. They have taken this decision as Ukraine wheat demand will increase and their domestic prices as well as Russia has ...

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Rice milling business bright in Cambodia

Rice mill and tourism businesses are outstanding, bright businesses for Thai investors in Cambodia now, said Jiranun Wongmongkol, Minister Counsellor (Commercial) at the Thai embassy in Phnom Penh.

Thai investors looking for investment in Cambodia should consider in investing in these two business sectors, said Ms Jiranun.

Cambodia’s capacity in milling rice is only 300,000 tonnes, but its government wants to export more rice.

The Khmer government has targeted exporting one million tonnes of rice in 2015.

Tourism is another bright business sector in ...

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Global feed production up 2%

LEXINGTON, KENTUCKY, U.S. — Global production of feed increased 2% to 980 million tonnes in 2014, according to the 2015 Alltech Global Feed Survey released on Jan. 23.

Feed producers responded to consumer demands for more protein by increasing the number of mills that produce animal feed and the amount of product they generate, Alltech said.

The top 10 feed producers in the world remained the same: China, the U.S., Brazil, Mexico, India, Spain, Russia, Japan, Germany and France. Some of the ...

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Canada looking for new uses for pulse flour

WINNIPEG, MANITOBA, CANADA — Agriculture and Agri-Food Canada is investing C$950,000 to help the Canadian International Grains Institute (Cigi) identify new uses for roller-milled pulse flour.

This investment will help Cigi develop new food products from roller-milled pulse flour to boost the pulse sector’s flour processing and milling capacity. The development of innovative roller milling technology and pre- and post-milling techniques for the production of pulse flour for use in food products is expected to ultimately increase the global market share ...

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