Reading Time: 3 minutes Towering grain mountains in Asia, already large enough to feed China for eight months, are set to grow even bigger as governments persist in shoring up their safety buffers against hard times. Haunted by a 2008 food crisis that sparked unrest and panic buying, states will keep piling grain into reserves despite the strain on […] Read more
Asia grain mountains swell as governments fret over food security
China’s hunger for wheat to lift prices by 10 per cent
Frost is estimated to have hit as much as 20 million tonnes of wheat in the world’s largest producer
Reading Time: 2 minutes Reuters – Soaring Chinese wheat purchases due to weather-related crop damage at home could lift global prices of the grain by about 10 per cent in the next few months, a survey of traders showed. The rush to secure wheat overseas by top consumer China is prompting farmers in the world’s second-biggest exporter Australia to […] Read moreDryness threatens Australia wheat supply as seeding kicks off
A lack of soil moisture in Australia’s eastern grain belt could hit wheat production in the world’s second largest exporter as farmers start seeding the 2013-14 crop. Concerns over Australia’s wheat output come as the U.S. crop faces winter storms after being planted in dry soil last year, piling pressure on global grain supplies and […] Read more
Australia’s early wheat harvest shows lower protein
The early wheat harvest in Australia, the world’s second largest exporter, is showing lower protein scales and poor yields, analysts and traders said, heightening concerns over global grain supplies as shipments from top exporters dwindle. Farmers are finding lower-than-expected protein scales in New South Wales and Queensland, the states responsible for producing top quality hard […] Read more
Asian hunger for “noodle” wheat may bolster prices
Reading Time: 2 minutes For the second straight year, Asia must rely on the U.S. and Canada for most of its top-quality wheat, as rains have cut the protein content in grain from traditional supplier Australia. Asian nations are among the world’s biggest buyers of the superior quality, protein-rich wheat that is used to make noodles, a staple food […] Read more
Farm private investment seen doubling in two years
Inflows of private capital in agriculture worldwide are expected to more than double to around $5 billion to $7 billion in two years as rising food prices spur investments in farm land and production facilities. Investors from the United States and Europe are looking at South America for growing more feed grains, corn and soybeans, […] Read more
Russia Set To Challenge In Asia
Reading Time: 2 minutes Russian wheat exports to Asia are likely to jump sixfold, to around three million tonnes by 2011, as the country mounts its first aggressive marketing campaign to sell grain in the region, an exporter said. Russian wheat exporters are targeting top Asian buyers such as Japan, South Korea and Indonesia to propel wheat sales which […] Read more
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