Abu Dhabi/Reuters – The Agriculture Ministry of Egypt, the world’s largest wheat importer, said on Friday it would continue to send experts to inspect government wheat purchases at ports of origin. Sources had told Reuters on Thursday that the agricultural quarantine authority was considering halting inspections abroad. “The central administration of the agriculture quarantine will continue […] Read more
Egypt’s Agriculture Ministry to keep sending wheat inspectors abroad
Grain consortium lobbying hard for Australia’s biggest wheat exporter
Sydney/Reuters – A consortium seeking to buy Australia’s biggest wheat exporter, Co-operative Bulk Handling Ltd (CBH), is stepping up lobbying for its offer amid concerns the deal may be snubbed and reports of a rival Chinese bidder. The Australian Grains Champion (AGC), which includes farmers and some former directors of CBH, wants to acquire and list […] Read more
Canadian wheat rejected in Egypt re-exported to Europe
Abu Dhabi | Reuters — A shipment of Canadian wheat rejected in Egypt over concerns it contained traces of ergot has been re-exported to Europe after Egypt’s agricultural quarantine rejected a petition from the supplier, trade sources said Thursday. Egypt’s quarantine authority has rejected a series of wheat shipments over traces of the common grain […] Read more
Prairie spring wheat bids drop as loonie rises
CNS Canada –– Cash spring wheat bids across Western Canada moved lower during the week ended Friday, as the strengthening Canadian dollar cut into basis levels. Average Canada Western Red Spring (CWRS) wheat prices were down by about $5-$7 per tonne over the course of the week, according to price quotes from a cross-section of […] Read more
Morocco loves Canadian durum
Reading Time: < 1 minute If you grow durum, some of it probably ends up in Morocco, which is why provincial agriculture officials recently visited the North Africa country for the first time. The mission’s primary goal was to assess potential for grains and pulse sales, said Aarij Bashir, a trade and relations officer. The country subsidizes flour for lower-income […] Read more
Cargill joint venture to build grain terminal in Ukraine
Kiev | Reuters — U.S. agriculture giant Cargill and Ukraine’s MV Cargo said they would build and operate a grain terminal at Ukraine’s Black Sea port of Yuzhny under a US$100 million joint venture agreement signed Wednesday. The terminal, near Ukraine’s biggest port city of Odessa, will have an annual loading capacity of five million […] Read more
Prairie spring wheat bids rise with U.S. futures
CNS Canada — Cash spring wheat bids across Western Canada moved higher during the week ended Friday, as U.S. futures moved up and basis levels held reasonably steady. Average Canada Western Red Spring (CWRS) wheat prices were up by about $2-$5 per tonne over the course of the week, according to price quotes from a […] Read more
PBR breach to cost Saskatchewan seed grower $150K
A Saskatchewan seed grower will pay $150,000 to SeCan — the largest penalty in the seed company’s history — for breaching SeCan’s plant breeders rights (PBR). Harvey Marcil of Pasqua Farms near Moose Jaw, Sask., has also agreed to stop making unauthorized seed sales and was expelled from SeCan’s membership, Todd Hyra, SeCan’s business manager […] Read more
Egypt writes to wheat suppliers on ergot, hoping to win confidence
Abu Dhabi | Reuters — Egypt’s Agriculture Ministry sent a letter to traders saying it will allow an ergot fungus tolerance level of 0.05 per cent in wheat imports, hoping suppliers will make offers in international purchase tenders for the strategic grain. Disputes about ergot content level have disrupted top buyer Egypt’s wheat imports in […] Read more
GrainCorp to join buyer group for Australian wheat marketer
Sydney | Reuters — Australia’s GrainCorp said Wednesday it was joining a consortium that plans to acquire, then list, Western Australia’s grower-owned Co-operative Bulk Handling Ltd (CBH), the country’s largest wheat exporter. The proposal is led by Australian Grains Champion, a Western Australian grower-led initiative. The acquisition would be valued at A$3 billion (C$2.96 billion), […] Read more