The stock of wheat and corn has declined in Ukraine, compared to that of the previous year, according to the data presented by the nation’s Agriculture Ministry.
The better off and the moderate income consumers are the biggest patrons of soy products in the UK with nearly 68% of market share, says a report by Canadean Food.
Total market year (MY) 13/14 oilseed production is forecast at 54.9 million tons from a planted area of 24.7 million hectares (MHa), both down 0.5 per cent and 2.2 per cent from MY12/13, respectively.
A new, highly-advanced 25,000-tonne grain processing and storage facility planned for a site near Beccles in Suffolk has been granted planning permission.
Japan's Ministry of Agriculture bought a total of 130,533 tonnes of food wheat from the United States, Canada and Australia in a weekly tender that closed on Thursday.
Iran's state intended to buy around 110,000 tonnes of U.S.-origin milling wheat, traders said, even as the United States and Europe impose tougher sanctions to stem Tehran's nuclear programme.
On 28 March, the USDA will release an estimate of US corn stocks as of 1 March 2013. That estimate is based on a survey of all commercial storage facilities and a large sample of farmers.
Compared to last week, grain bids were lower with soybeans trading higher. Early support for grains came from the lower dollar and the DOW JONES hitting an all-time high.
An Indian ministerial panel Thursday cleared a proposal to allow private companies to export 5.0 million metric tons of wheat by sourcing the grain from government stocks, Food Minister K.V. Thomas said.
First forecasts for the 2013 wheat harvest point to production increasing to 690 million tonnes - 4.3 per cent up on 2012. This would be the second largest crop on record.
World wheat ending stocks for 2012-13 were projected at 178.23 million tonnes, up 1.5 million tonnes from 176.73 million tonnes projected in February but down 18.24 million tonnes, or 9%.
Grains behemoth Argentina is pushing farmers to produce more wheat by threatening to crack down on the fast-expanding barley sector, which growers are using as a hedge against export curbs.
US-based cooperatives CHS and Mid-Kansas Cooperative (MKC) have inked an agreement to form a limited liability company (LLC) to establish and operate a shuttle loading facility in Canton, Kansas, US.
