GFM Network News

Japan shuns white wheat for first time in 53 years

Reading Time: 2 minutes Reuters – Japan recently offered to buy wheat used for making cakes that is not the U.S. western white variety for the first time in at least 53 years, seeking to avoid a shortage of confectionery flour after a scare caused by genetically modified wheat found in Oregon. U.S. western white is a grade developed […] Read more

Japan to boost animal feed grain reserves by 44 per cent

Reading Time: 2 minutes Reuters / Japan plans to boost its animal feed reserves by 44 per cent in the fiscal year starting in April, the Farm Ministry said Jan. 29, as the world’s top corn buyer seeks to smooth supply shocks while it diversifies purchases away from the United States. The move could support prices by further tightening […] Read more

El Nino emerges, raising fears over food prices

An El Nino weather pattern is underway and will last until winter, Japan said on Friday, foreshadowing disruptive conditions that could harm crops from Australia to India at a time of rising fears about global food supplies. Corn prices have surged more than 60 per cent in the past two months as the United States […] Read more

Japan’s corn use in feed drops to 20-year low

Japan’s usage of corn in animal feed reached a 20-year low in May, maintaining a downtrend that began in 2010 when high prices spurred the world’s biggest corn importer to use more wheat instead. Preliminary government data released Friday showed the ratio of corn in animal feed fell to 43.7 per cent in May compared […] Read more