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Analysis: GrainCorp takeover

All deals destined to go ahead as Australia surveys new Asian age

Now the ACCC, Australia’s anti-trust commission, has given the green light to ADM’s proposed acquisition of GrainCorp, foreign interests will control all major grain handling facilities and grain ports in...

ADM's GrainCorp takeover in shareholders' hands

GrainCorp’s board of directors has recommended that its shareholders accept the A$3.4bn (US$3.16bn) takeover bid from Archer Daniel Midland in the absence of a superior offer.

EU reaches deal on CAP reform

European institutions reached a deal on reforming the Common Agricultural Policy (CAP) on Wednesday, including a compromise that will end sugar quotas by 2017.

Wheat price dip gives breathing space for bakery innovation: Euromonitor

Bakers can and should invest in innovation and production as wheat prices dip leaving spare cash to spend, says a Euromonitor analyst.


Cargill to buy and boost Northstar Grain assets

Cargill will acquire grain storage and crop inputs assets from Northstar Grain LLC and inject $3m into upgrades.

USDA validates test for GM wheat; says evidence suggests this is a ‘single isolated incident’; but lawsuits pile up

In an update on its probe into unauthorized genetically modified wheat detected in Oregon, the US Department of Agriculture (USDA) said Friday that it “has neither found nor been informed...

EU releases fourth tranche of out-of-quota sugar

The European Commission has released a fourth round of out-of-quota sugar for the current marketing year at reduced levies in a bid to boost EU supplies as prices soar above...

GMO wheat contamination raises fears of export disruptions

USDA regulators have confirmed that unauthorized GM wheat has been found growing in a field in Oregon, raising concerns that wheat exports could be negatively affected.


US wheat weakness won’t hit global supply or pricing: Rabobank

The US wheat market has failed to recover like its market counterparts, but despite this global prices will settle and supplies strengthen, according to Rabobank.

Sale of forgotten wheat could put a dent in India's national debt

The Food Corporation of India could potentially earn over Rs25,000 crore (US$4.5bn) by exporting wheat lying in open warehouses, according to an Assocham study.

UK may have to stick to wheat imports, says commodities analyst

The UK was hit by an extreme wheat crisis last year forcing industry into import mode and forecasts suggest this trend may stay, says a commodity analyst.

Grain production to reach record levels in 2013, says FAO

The Food and Agriculture Organization (FAO) has said that grain harvests are set to reach record levels in 2013, and wheat production is forecast to recover from last year’s reduced...


Lower domestic wheat use spells higher global supply: USDA

A drop in domestic wheat use has left higher global supplies – up 2.9 million for 2012/13, according to the US Department of Agriculture (USDA).

Grain policy

USDA slams India’s decision to export more year-old wheat

The United States Department of Agriculture has hit out at the Indian government for allowing the export of an additional 5m tonnes of wheat last month, calling it unviable unless...

Federation of Bakers tentative on increased British wheat imports

The UK could soon become a net importer of wheat for the first time in a decade, but The Federation of Bakers has said that there may be enough of...

News in brief

GMO and non-GMO crops must better coexist: CSPI calls on USDA action

The US Department of Agriculture (USDA) must do more to foster coexistence of genetically modified and non-genetically modified crops, the Center for Science in the Public Interest says.

EU sugar quotas should go by 2017, says Council of the EU

The Council of the European Union last night issued a mandate to scrap EU sugar quotas by 2017 and a final decision is now set for June.

EU wheat production to rise but Copa-Cogeca concerned by weather

Farmers organization Copa-Cogeca has forecast EU soft wheat production to increase 3.7% on last years levels by the 2013/14 marketing year, but worries that weather may impact yields.

Big Vote - CAP Reform

EU sugar quotas extended to 2020

EU sugar quotas will remain in place in Europe until 2020 after a vote on Common Agricultural Policy reforms (CAP) in European Parliament today.

Norwegian fund pulls out of 'unsustainable' palm oil companies

Norway’s US$710bn sovereign investment fund has pulled its investment from 23 Southeast Asian palm oil companies, claiming that they source palm oil unsustainably.


Europe drives 4.3% global wheat surge as US drops: FAO

Global wheat production will surge 4.3% for 2013 driven by a strong European and Russian harvest, the FAO says. The US yield is expected to drop 6%.

Nearly half extra EU sugar allowance already approved for 2013

The European Commission’s sugar management committee has approved nearly half of the extra sugar allowed to be released on the EU market this year – a total of 584,000 tonnes...

Cropping a blow

Wheat the high point of a heat-affected Australian harvest

Heatwave conditions from early January and below average rainfall across Australia’s major agricultural regions have resulted in a less than favourable summer cropping season, according to the Australian Bureau of...

Commodity chats: With Rabobank

Wheat worries: Feed use could squeeze bakers

Use of wheat for feed should be lower than last year but will remain high and this could put more pressure on already tight supplies for the bakery and snacks...

News in brief

Global grains brief: Outlook tight, particularly in the US

The USDA World Agricultural Supply and Demand Estimates (WASDE) and the International Grains Council (IGC) reports both outline a tight supply outlook for the coming season, particularly in the US.

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