Good yields and spring barley quailty bode well for Philip Reck

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Harvest in south-east Ireland got off to a slow start after a relatively cool and damp July slowed the grain-filling period. Rainfall allowed crops to continue growing and with no nitrogen lost during the spring it was still available once the rain fell, keeping the crops green and delaying harvest. The barley will now be…


Grain facility hailed as ‘new chapter in collaboration’

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RICHARD Lochhead, the Scottish secretary for rural affairs, yesterday carried out the official opening of the first port-side purpose-built grain handling facilities in Scotland in the past two decades. The three-acre Montrose dock site -belonging to farming co-operative Angus Cereals – will provide members with storage facilities for more than 25,000 tonnes of feed barley,…


No sign of Russia grain intervention as prices dip

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There is little sign yet of Russia’s government stepping in to support wheat prices, despite them falling below levels meant to trigger intervention buying – signalling further boom times for grain merchants. A fall in wheat prices of some 400-500 roubles a tonne in a week has driven prices in some areas, such as the…


Downward pressure put on grain prices

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ACCORDING to the Home Grown Cereals Authority (HGCA) Russian cereal exports have resumed their role on global markets, after the authorities in Moscow recently decided not to extend their grain export ban. This, in turn, is putting downward pressure on international wheat prices by offering product at $20-$50/t less than the nearest competitor, France. Already,…


Alliance Grain Traders buys Australian chickpea and pulse processor

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REGINA – Alliance Grain Traders Inc. said Tuesday it is expanding into the Australian chickpea and pulse market through its $8-million acquisition of Canz Commodities. The assets are located in Narrabri, about 500 kilometres northwest of Sydney, and include real property, storage and related handling equipment, as well as a plant to process grains and…


ADM expands Danube River grain export network

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CHICAGO, Aug 2 (Reuters) – U.S. agricultural processor Archer Daniels Midland Co (ADM.N), through its affiliate Alfred C Toepfer International, announced on Tuesday that it was expanding its grain origination and transportation network along the Danube River in Romania. The network includes a total of 12 river elevators, three of them currently under construction; one…


Grain Production Falling as Soil Erosion Continues

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The thin layer of topsoil that covers much of the earth’s land surface is the foundation of civilization. As long as soil erosion on cropland does not exceed new soil formation, all is well. But once it does, it leads to falling soil fertility and eventually to land abandonment. As countries lose their topsoil through…


FYR Macedonia’s grain production is expected to reach about 300.000 tones this year

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Providing 40,000 tones of wheat for stock reserves, conditioning the import of one kg of flour by purchasing at least four kilos of domestic wheat, tightening the control of mills and bakeries, as well as wine cellars are the new measures, adopted by FYR Macedonia’s government at their session. The FYR Macedonia government put the…


Data doubts fuel late surge in corn, wheat futures

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Grain prices put in a late burst in Chicago, taking gains above 3%, amid growing doubts over the official data which showed the US corn crop failing to deteriorate last week despite further heat. Corn for December, the most-traded contract, soared 3.7% to $7.11 ½ a bushel in late deals in Chicago, where wheat for…


U.S. grain and soy review: Wheat falls on growing global output

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U.S. wheat futures tumbled Thursday as increasing estimates for global production overshadowed concerns about a decline in the domestic crop. Soft red winter wheat for September delivery, the most actively traded contract, fell 11 1/2 cents, or 1.6%, to $6.93 1/4 a bushel at the Chicago Board of Trade. Prices fell less at exchanges in…


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