Bumper Ukraine grain exports back on the agenda

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Ukraine’s cancellation of grain export duties has put buoyant shipments back on the agenda – provided President Viktor Yanukovych does not delay in signing off the plans. The country has enough time left in 2011-12 to rebuild its pace of exports sufficient to reach 9m tonnes of wheat and 12.5m tonnes of corn over the…


Grain giant expands to open up market

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LINCOLNSHIRE grain giant Gleadell has welcomed the completion of a refurbished and expanded exclusive facility in East Sussex. The Hemswell firm said the move opens up yet more market opportunities for southern growers. Marc Rogerson, trading manager at Gleadell Agriculture., welcomed the departure of the first vessel, MV Shetland Trader, with 2,000 tonnes of Cordiale…


Ukraine may extend contentious grain export levies

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Controversial grain export duties in Ukraine, blamed for a slump in shipments which has sparked fears over where withheld crops will be stored, may be extended until July – and even to other crops. Rather than shortening the period of the levies, which Ukraine’s farm ministry has lobbied for repeal, the tariffs may be extended…


CME: Grain and Protein Supplies Down

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US – USDA provided yesterday its latest forecasts on grain and protein supplies for 2011/12 and the data generally was more negative than the August forecast, write Steve Meyer and Len Steiner. On the grain front, USDA lowered its estimates of US corn yields this fall. The reduction was hardly surprising given the recent flurry…


Australia minister urges Canada to open grain mkt

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SASKATOON, Saskatchewan, Sept 9 (Reuters) – Canada is wise to plan the removal of its grain marketing monopoly, Australia’s trade minister said on Friday, noting that opening the wheat market has boosted his country’s trade position. Australia dismantled its wheat monopoly under the Australian Wheat Board in 2008, leaving the Canadian Wheat Board as the…


Glanbia leads way with 2011 final harvest prices for green grain

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GLANBIA brought clarification to the grain market yesterday as the first major grain buyer to announce its 2011 final harvest prices for green (20% moisture) grain. Glanbia will pay €164.11 for spring feed barley (€156 per tonne plus VAT of 5.2%); €174.63 for Saffron/Cassia winter contract barley (€166 plus VAT); €172.53 for feed wheat (€164…


Tight but nervous grain market

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Grain prices continue to fluctuate on global economic news, but remain underpinned by tight supply and demand. Feed wheat values slipped slightly in the week to Wednesday (7 September), to about £162/t ex-farm, with milling wheat premiums narrowing to about £17/t due to the good quality UK harvest. "There is no real clear trend; with…


China to hike grain production

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BEIJING (Dow Jones)–China is targeting an 8% rise in grain production capacity by 2015 from 2010 levels and has kept unchanged its 95% grain self-sufficiency rate target, the Ministry of Agriculture said Friday. The world’s largest grain consumer is facing challenges in stabilizing grain production amid rising demand and declining arable area due to rapid…


Adding distillers grain to grazing cattle can add pounds of gain to calves

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Distillers grain by-product can benefit grazing stocker cattle by adding additional pounds of gain while they are grazing, according to Lyle Lomas, of Kansas State University Southeast Agricultural Research Center in Parsons, Kan. Lomas spoke about the utilization of by-products on pasture during the Nebraska Grazing Conference in Kearney. With corn prices climbing, grazing forage…


US grain cos tighten GMO policy, eye Syngenta corn

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CHICAGO, – Major U.S. grain companies have tightened curbs on genetically modified grains not yet approved by foreign markets, with some singling out one popular corn variety made by Syngenta (SYNN.VX), fearing any trace of the biotech grain in shipments could shut off export markets. The action was taken just weeks before the U.S. corn…


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