Tag: Wheat

US sugar supply to tighten in 2022 as wheat carryover falls to the lowest level since 2008

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USA – The US Department of Agriculture has lowered its for 2021-22 sugar ending stocks as lower imports and lower cane sugar production more than offset higher beginning stocks and higher beet sugar production.    In its recently released World Agricultural Supply and Demand Estimates report, USDA forecast ending stocks for 2021-22 at 1,627,000 tons, down 38,361 tons from September.  For 2020-21, which ended Sept. 30, the USDA lowered domestic cane sugar production by about 20,000 tons, raw value, as a late start to the sugar cane harvest in Louisiana pushed more…

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Egypt automates wheat silos powered by IBM technology to foster efficiency

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EGYPT – Egypt has embarked on digitizing its wheat supply chain and implement governance systems on the country’s strategic stock as part of the national digital transformation plan. The Ministry of Supply and Internal Trade represented by the Egyptian Holding Company for Silos and Storage (EHCSS), has partnered with multinational technology corporation, IBM and Egypt based integrator of technological systems, ACME SAICO to automate 22 wheat silos across the country. The storage units will be powered by IBM’s AI-powered automation software in a hybrid cloud environment. “We are proud to…

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Rwanda attains self-sufficiency in production of maize, wheat, soybean seeds cutting off imports

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RWANDA – Rwanda’s investment in boosting local production of seeds has begun to pay of as the government has indicated it will not import seeds of maize, wheat and soya, in the coming agricultural season. This, according to Minister of Agriculture and Animal Resources Gerardine Mukeshimana, follows attainment of seed production sufficiency of 100 percent in the current season. “That is why in the instructions we gave to the farmers we have shown specific prices for these seeds and we will no longer help the farmers import them, whoever wants…

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Olam empowers female wheat farmers with irrigation equipment as border closers revive Nigeria’s idle milling plants

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NIGERIA – Female wheat farmers in Nigeria’s Kano state are set to boost their production after receiving irrigation equipment from Crown Flour Mill (CFM) Limited, a subsidiary of Olam Nigeria Limited.  The irrigation equipment comprising mainly of high-pressure water pumping machines was formally presented to the female farmers at a ceremony held in Giyamusu, Ajingi Local Government Area of Kano State.  According to the flour milling company, the irrigation equipment is meant to assist the female smallholder wheat farmers and ultimately enhance their productivity levels.  In a statement, CFM stated that…

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Favourable weather drives up grain production in Bangladesh, Argentina and Australia

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GLOBAL – Bangladesh, Argentina, and Australia are set to record bumper grain harvests in the marketing year (MY) 2021/22 thanks to a mixture of factors including favorable weather conditions, moderate precipitation during the planting and growing stages, and a higher total grain production area.  In Bangladesh, rice production in MY 2021/22 is forecast to increase to 36.2 million metric tons (MMT) of milled rice production, according to recently released GAIN reports.   In the report, USDA analysts noted that favorable weather and moderate precipitation during the planting and growing stages of Aus rice were responsible for these higher…

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Summit Agricultural Group to invest US$200m in setting up North America’s largest wheat protein facility

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US — Summit Agricultural Group is acquiring Prairie Horizon Agri-Energy, a US-based biorefinery, in an effort to expand its presence in North America’s wheat protein processing sector.  Prairie Horizon is a renewable fuel corn ethanol producer with a production capacity of 40 million gallons per year.  Summit Agriculture, however, plans to convert the facility into one of the largest wheat protein processing facilities in North America.  To achieve this goal, the company plans to invest US$200 million in the development of the ingredients plant and is expected to be operational within two years.  The wheat protein produced at…

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Russia allows import of Pakistani rice after a 2-year ban

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RUSSIA – Russia has allowed the import of rice from Pakistan, lifting a 2 yearlong ban that had denied Pakistani farmers access to a market that at its peak use to import rice valued at US$40 million  Russia banned the import of rice from the country in May 2019 after Khapra beetle was detected in a Pakistani rice consignment.  The decision to greenlight Pakistani rice was reached after intense negotiations between representatives from both governments.  With the new development, four Pakistani establishments located in Karachi, Lahore, and Chiniot will now be…

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Morocco to reduce reliance on grain imports in anticipation of triple grain out-put in 2021/22

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MOROCCO – Morocco is set to register a ten-year high production average of grains in MY 2021/22 by 26.3%, following a bumper harvest due to favourable weather conditions. This was revealed by the Ministry of Agriculture, forecasting total wheat and barley production at 9.8 million metric tons, reflecting a vast increase of 206%, from production out-put registered in MY 2020/21. The total production estimates for the period under review include, 4.8 MMT of common wheat, 2.4 MMT of durum wheat, and 2.6 MMT of barley. In a bid to protect…

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Algeria rejects French, Canadian wheat cargo deemed unfit for consumption

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ALGERIA – Algeria was recently met with a shocking surprise after two dead animals were found in two separate batches of wheat cargo. The incident forced the government of rejected the shipment of 27,000 tonnes of French milling wheat, indicating it was unfit for consumption. According to the reports by Reuters, Algerian authorities are seeking compensation for the shipment, which was be sent back to France. The North African country has also rejected a cargo of 33,000 tonnes of Canadian durum wheat for not meeting specifications, local media outlet Ennahar…

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Argentina annual sugar production projected to fall 1.55m tonnes due to unfavorable weather

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ARGENTINA – Sugar production in Argentina is forecast to fall by as much as 1.55 million tons, raw value, due to early season dryness which is expected to negatively impact yields, according to  latest projections by the United States Department of Agriculture(USDA). USDA further projects that the domestic use of sugarcane for ethanol is expected to grow while sugar exports are projected to fall 8% to 220,000 tons largely due to a smaller sugar supply. Meanwhile, Venezuelan sugar production is projected upwards to 190,000 MT In market year (MY) 2021/22.…

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