Firmer grain markets on quality fears

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Wheat prices firmed again this week as fears for maize and milling wheat quality boosted futures prices in the US and in Europe. However there has been high level of fund activity recently and the market is still very sensitive to any news on the global economic outlook. A rise in US spring wheat futures…


Local wheat sees revival in former grain states

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Amber waves of grain are rippling again in parts of New England, once considered the region’s bread basket. Vermont and Maine ceded that distinction to the Midwest in the 1800s, when the Erie Canal and intercontinental railroad made it easier to move grain long distances. But small farmers on the nation’s coasts have begun planting…


Grain harvest nears conclusion

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As the 2011 main grain harvest grinds towards a conclusion in the South West comes news that upcountry the UK’s commercial wheat yield record has been broken. Group 3 wheat varieties are rarely promoted as potential record breakers, but a 14.3 tonnes per hectare crop of Invicta, bred by Limagrain UK has been harvested by…


Syngenta sues grain elevator over biotech corn ban

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Seed maker Syngenta is suing a grain elevator operator that has banned the company’s biotech corn. Bunge North America, which operates grain elevators across North America, including one in Council Bluffs, recently posted notices that it would not accept corn planted with Syngenta’s Agrisure Viptera seed, The Sioux City Journal reported Tuesday. In the lawsuit…


South Australia grain exports cruise to record top

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Grain exports from South Australia have set a marketing year record with two months to spare, supporting upbeat ideas for estimates for Australian shipments. The state shipped 6.84m tonnes between the start of the 2010-11 marketing year, in October, and the end of last month, Viterra, which owns South Australia’s ports, said. The figure beat…


Viterra ships record-breaking 7 million tonnes of grain through Australian ports

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ADELAIDE, Australia – Viterra Inc. said Tuesday it shipped record volumes of grain through ports in South Australia state between last October and the end of July. The Regina-headquartered grain handler said it exported 6.84 million tonnes on behalf of 14 customers in the state in the southern central part of Australia, which has seen…


Bumper harvest for grain but no gain for consumers

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Grain farmers are anticipating one of their best harvests in years, thanks to record yields, good prices and favourable weather conditions. However, consumers are unlikely to benefit from cheaper food and drink prices as a consequence. The reality is that most Irish grain goes for animal feed rather than bread, while malting barley accounts for…


Grain growers advised to hold out for better prices as market grows

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GRAIN growers should hold out for prices that reflect global markets which are steadily rising, advises IFA national grain committee chairman Noel Delany. Mr Delany has warned growers not to be conned into accepting low prices for this year’s grain as world markets continue to strengthen. With harvest under way, a number of trade players…


Grain farmers wait for dry spells to reap crops

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BROKEN WEATHER has continued to disrupt the harvest and has hit grain farmers hardest as they wait for dry spells to combine their crops. The moisture content in the cereal crops is high because of frequent rain and this is expected to lead to higher drying costs, but as yet there is no real panic…


Tight stocks support grain prices

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UK cereal markets have remained supported in the past week, following a bullish global production report and tight domestic ending stocks. The US Department of Agriculture’s latest report slashed international coarse grain production by 14m tonnes, driven by sharply lower corn and sorghum yields in America. Although it increased its wheat production estimate by 9.7m…


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