Commodities

Canada sets sights on UK wheat market as part of European trade expansion plans

Canadian wheat imports to UK up 50%

By Annie-Rose Harrison-Dunn

Poor UK harvests and a deregulation of Canada’s grain market has meant that Canadian wheat sales to the UK have increased by 50%, but the UK industry says that need not mean a long term trend.

Rainforest Action Network says Kellogg cannot pass palm oil responsibility onto supplier Wilmar

RAN: Kellogg cannot deflect palm oil heat onto supplier

By Annie-Rose Harrison-Dunn

Kellogg cannot shirk its palm oil responsibility by deflecting attention to its supplier, says RAN following a statement from Kellogg calling for productive talks between its supplier Wilmar and the environmental group.

Traders are predicting that Britain's oat crop could be almost double last year's - up to one million tons from 627,000 in 2012

British oat prices plunge 40%

By Kacey Culliney

The price of British oats has plummeted after the largest crop since the late 1970s; good news for manufacturers, a grains analyst says.

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

Analysis: GrainCorp takeover

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

By RJ Whitehead

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 Queensland, New South Wales, South Australia and...

GrainCorp's board of directors and the ACCC give the green light to ADM's takeover offer

ADM's GrainCorp takeover in shareholders' hands

By Kacey Culliney

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.

Sugar users have welcomed the removal of quotas by 2017

EU reaches deal on CAP reform

By Caroline SCOTT-THOMAS

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

Commission releases over 300,000 MT as EU sugar price almost doubles the world price

EU releases fourth tranche of out-of-quota sugar

By Oliver Nieburg

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 world levels.

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

Grain policy

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

By RJ Whitehead

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 the mandated floor price is brought down.

The vote was cast in European Parliament today

Big Vote - CAP Reform

EU sugar quotas extended to 2020

By Oliver Nieburg

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

Nearly half extra EU sugar allowance already approved for 2013

Nearly half extra EU sugar allowance already approved for 2013

By Caroline Scott-Thomas

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 since January out of a 1.2m tonnes agreed in November.

Wheat the high point of a heat-affected Australian harvest

Cropping a blow

Wheat the high point of a heat-affected Australian harvest

By RJ Whitehead

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 Agricultural and Resource Economics and...

Wheat use in feed still set to strain bakers and snack makers...

Commodity chats: With Rabobank

Wheat worries: Feed use could squeeze bakers

By Kacey Culliney

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 industry, an analyst says.

The FAO has called for more diversified crop production

FAO urges greater use of ‘neglected’ grains

By Caroline Scott-Thomas

The Food and Agriculture Organization (FAO) has urged greater use of neglected traditional grains, saying that there is global overreliance on just a handful of staple foods.

USDA notes an 11% drop in global wheat trade

Global wheat trade down 11%: USDA

By Kacey Culliney

Tightening supplies and price surges have led to a slowdown in global wheat trade, according to the latest USDA report.

Wheat price hike likely, says analyst

Wheat price hike likely, says analyst

By Oliver Nieburg

Bakery and snack manufacturers can expect a higher wheat price in the coming months as the US drought has hit the maize market putting pressure on wheat supplies amid export concerns in Russia, says an analyst.