Food

EU's Wheat Output Seen by Commission Rising Next Season Wheat production in the European Union, the world’s second-largest exporter, will increase in the season beginning in July, the European Commission said. 4/3/2013
Wheat Rises as U.S. Export Demand May Increase After Price Drop Wheat rose in Chicago, narrowing a fourth monthly decline in five, on speculation importers’ demand for U.S. supplies will strengthen after prices reached the lowest level since June this week. 1/3/2013
Egypt wheat stocks sufficient for 95 days-minister Egypt, the world's biggest wheat importer, has strategic stocks of nearly 2.3 million tonnes of the grain from international and local markets, enough to last until late May, the country's supplies minister said on Wednesday. 28/2/2013
S. Africa May Produce 4.4% More Corn Than 2011-12 Season South Africa may reap 4.4 percent more corn this season according to the Crop Estimates Committee. 28/2/2013
Storm Seen Easing Drought for Moisture-Starved U.S. Wheat The second major snowstorm in a week for the southern Great Plains is delivering moisture to U.S. wheat crops that went dormant in November in the worst condition since at least 1985 because of a drought. 27/2/2013
Russia’s Grain Prices Fall on Stockpile Sales and Spring Sowing Wheat prices in Russia, the world’s third-biggest wheat exporter in 2011-12, fell last week as the state sold grain from stockpiles and farmers prepared for the spring sowing campaign, according to the country’s Grain Producers Union. 26/2/2013
Wheat Falls to Eight-Month Low as Plains Snow May Ease Drought Wheat touched an eight-month low in Chicago on speculation that a snowstorm in the U.S. Great Plains will help ease drought conditions before crops emerge from winter dormancy. 26/2/2013
IGC forecasts larger world wheat crop in 2013-14
World wheat production in 2013/14 is tentatively expected to rise by four percent, the International Grains Council said on Thursday, issuing its first forecast for next season's supply and demand balance for the commodity.
 25/2/2013
Vitol makes debut in grains market, hires Viterra team
Top oil trader Vitol is making final preparations to build a global grains desk and has hired traders following Glencore's takeover of Canada's Viterra Inc, trading sources said.
 22/2/2013
India's wheat exports may rise by 23 per cent India's wheat exports are likely to grow by 23 per cent to 8 million tonne in the marketing year starting April due to strong global prices and surplus domestic supply, according to a report. 22/2/2013

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