Dry seasonal conditions cut Australia’s summer crop prospects; wheat output down to 11-year low

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Drier and warmer than average seasonal conditions in cropping regions in Queensland and northern New South Wales during December and January have reduced prospects of summer crop production in 2018–19 after wheat output fell to 11-year low, the Australian Bureau of Agricultural and Resource Economics (ABARES) said in a report. The final wheat harvest total […]

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IGC trims 2018-19 world grains production forecast

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With small adjustments for wheat, maize and sorghum, the International Grains Council (IGC) has lowered its forecast for world total grains production in 2018/19 to 2,079 million tonnes, declined by 2 million tonnes from its earlier forecast and down 1 per cent year-on-year. In its latest monthly report, the inter-governmental body trimmed its forecast for […]

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China’s corn imports surged in April, up 200 percent in first four months of 2018

China’s corn imports surged in April, the official Xinhua news agency quoted customs data as saying. Corn imports reached 380,000 tonnes last month, up 12,091.6 percent year on year, according to the General Administration of Customs. China imported 940,000 tonnes of corn in the first four months of this year, up 201.9 percent compared with […]

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China says to stop probe into U.S. sorghum imports

China has decided to stop the anti-dumping and anti-subsidy investigation into imports of sorghum from the United States, the Ministry of Commerce said in a statement, a move that can lower trade tensions between the world’s two biggest economies. According to the statement, The investigation authorities found that the price of domestic pork has been […]

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Global grains output in 2017/18 seen only slightly higher; 2018/19 projection little changed, says IGC

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The estimate of total grains (wheat and coarse grains) production in 2017/18 is only a little higher m/m (month-on-month) as increases for wheat and maize are nearly offset by reductions for sorghum, oats and rye, the International Grains Council (IGC) said in its latest monthly report. With larger opening inventories than before and with consumption […]

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China takes trade difference step forward, slams anti-dumping duty on U.S. sorghum

China’s Ministry of Commerce (MoC) announced it will impose provisional anti-dumping measures on grain sorghum imported from the United States, further adding to trade tensions between the world’s two biggest economies. A preliminary ruling by the MoC found that U.S. companies had dumped grain sorghum on the Chinese market, and such imports had caused substantial […]

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World trade in cereals in 2016/17 forecast at 388 million tonnes – FAO

World trade in cereals in 2016/17 is forecast at 388 million tonnes, nearly unchanged from the November forecast but down 2 percent (7.8 million tonnes) from the 2015/16 volume, the U.N. food agency said, adding that the contraction mostly stems from expectations that world trade in coarse grains (July/June) would fall 4.7 percent below the 2015/16 all-time […]

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FAO says outlook for cereals output improves

The United Nations food agency raised its forecast for world cereal production in 2016 slightly to nearly 2 526 million tonnes, virtually the same as in 2015 and potentially on course to be the second-largest global harvest ever. According to the Food and Agriculture Organization”s (FAO) latest Cereal Supply and Demand Brief, the larger figure results […]

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