Zim pays farmers US$400m for grain deliveries

ZIMBABWE - Government has so far paid close to $400 million to farmers after they delivered 1,1 million tonnes of maize to the Grain Marketing Board. This comes after Treasury upped weekly disbursements to GMB to about $40 million to farmers every week to boost farmers' preparations for the 2017 /2018 summer cropping season. Agriculture,…

UK wheat harvest beats forecasts, easing ideas of supply squeeze

UK - The UK wheat harvest rebounded more than had been expected this year, official data showed, easing ideas of a squeeze on supplies which spurred calculations of the UK remaining a net importer of the grain. The UK, the European Union's third-ranked wheat grower, raised wheat production by 5.4% this year to 15.16m tonnes,…

SA sees record maize crop even bigger in last estimate

SOUTH AFRICA - South Africa boosted its final estimate for this year’s record crop as the pace of deliveries continues to point to a bumper harvest. Growers will probably reap 16.74 million metric tons of corn in the 2016 to 2017 season, Lusani Ndou, a senior statistician at the Pretoria-based Crop Estimates Committee, said by…

China may face ‘tight’ corn supplies, due to subsidy, demand reforms

CHINA - China, which last year held more than one half of world corn stocks, could soon "find itself tight" in supplies of the grain, thanks to reforms such as a farm subsidy shake-up, and moves to boost domestic consumption. The US Department of Agriculture's Beijing bureau, cut to a five-year low of 79.2m tonnes…

World wheat sowings for 2018 to see ‘only modest’ growth – IGC

WORLD - World wheat sowings will see "only modest" growth despite the lure of higher prices, the International Grains Council said, seeing area in the European Union, the top grower, as "broadly unchanged". The International Grains said that world wheat prices are "more than 10% higher year on year as northern hemisphere growers plant winter…

IGC ups world grains harvest to second largest on record

WORLD - The International Grains Council lifted its estimate for the world grains harvest to the second largest on record, citing improved ideas on wheat and, especially, corn production. The intergovernmental group raised by 20m tonnes to 2.069bn tonnes its estimate for world production of wheat and coarse grains, such as barley, corn and sorghum,…

Dar eyes to boost wheat supply to lucrative East Africa market

TANZANIA - The government in collaboration with various food processing industries is setting plans to boost production and supply of wheat flour in the East African region, Permanent Secretary in the Ministry of Trade and Investment, Prof Adolf Mkenda said yesterday. The PS said the idea was to increase the production and supply of wheat…