Australian wheat export surge ‘slows considerably’

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Is Australia’s golden period of wheat exports losing its lustre? The southern hemisphere’s top exporter of the grain continued its run of increased grain shipments in July, as merchants continued to sell down stocks left over from last year’s record crop. However, at 1.7m tonnes, exports were only 5% higher than a year before, a…


Oilseed rape margins to exceed wheat

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THE oilseed rape gross margin is budgeted to be greater than that of wheat for the 2012 harvest. This is one of the most revealing changes to the economics of farming identified in the newly published John Nix Farm Management Pocketbook. It will be the first time in 20 years OSR is shown to clearly…


Organic wheat yields from Tewkesbury hit all time highs

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Carl Gray of Grange Farm, Bredon, Tewkesbury, is celebrating all time high organic wheat yields, having yielded 7.3t/ha. (2.96t/acre) of Group 3 wheat, Invicta. The 12.5 ha field of Invicta was combined on 31st August using a John Deer 1177; and is the highest of any yields taken off the 120ha of organic cereals grown…


Kazakhs defy sceptics by winning Egypt wheat order

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Kazakhstan has, for the first time since last year’s drought-hit harvest, won a wheat order from Egypt, defying expectations that it would be sidelined from export markets by Russia and Ukraine. Egypt’s state grain importer, the General Authority for Supply Commodities, bought 120,000 tonnes of Kazakh wheat after its latest tender, at $291 a tonne.…


France lifts hopes for wheat harvest – again

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France has, again, lifted its hopes for its wheat harvest and put a rise in corn production on the cards, in the latest sign of western European grain crops faring better than had been earlier feared. France’s farm ministry, which last month raised its forecast for the domestic soft wheat crop by 500,000 tonnes, added…


Quality of UK wheat ‘makes up for’ drop in yield

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Speculation of the high quality of the UK wheat crop have been confirmed by official data showing even in regions affected by the historically-dry spring achieved better results. The wheat crop in Britain – which accounts for the vast majority of the UK harvest – is proving better than last year’s on all vital signs,…


Australia wheat growers seek more control over prices

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SYDNEY,(Reuters) – Australia’s wheat farmers are likely to build more private silos to store grain in their bid for greater pricing power, industry experts said, a move that would protect them from disputed grading practices that have led to a government inquiry. Australia wheat exports, typically the world’s fourth largest, are dominated by three grain…


Stop-start harvest delays wheat and bean harvest

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Cambridgeshire grower Edd Banks was hoping to wrap up his harvest this week after recording highly variable yields. By Monday night (29 August), he had 24ha of winter wheat and 114ha of Fuego spring beans left to cut. "We sprayed the beans off on Saturday, so they should be ready by the weekend," he said.…


Wheat market trends for next year

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The single most important step in marketing 2012 Wheat may be purchasing crop insurance. Texas, Oklahoma, the southern half of Kansas, and southeastern Colorado are all suffering a severe drought. The long-term forecast indicates that the drought will continue. Crop insurance rates will not be available until about September 15. The insured price will be…


EU milling wheat premium hopes ‘may be overblown’

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Talk of a bumper milling wheat premium may have been overblown, at least in Europe, despite rain damage to many crops, including Germany’s, and a further setback to the trade campaign in key export rival Ukraine. Germany could have a surplus of 1.7m tonnes in its exportable wheat supplies in 2011-12, FCStone analyst Jaime Nolan…


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