Friday 25 July 2014
 
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grain

Egypt wants to be 'logistics hub' for grain storage

Egypt, the world's largest wheat importer, wants to be a ‘global logistics hub’ for grain storage by securing its own strategic reserves and exporting locally made flour to other Arab states, the supply minister said on Tuesday

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Middle East grain import bills could rise

Turmoil in Ukraine is driving Middle Eastern grain buyers to shy away from striking new deals there and to consider rival suppliers, a shift that is likely to push up import bills. The Black Sea region, mostly Ukraine and Russia,

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Syria again tenders to buy 276,000T sugar

A Syrian state agency has again issued an international tender to purchase and import 276,000 tonnes of white refined sugar, offering payment from bank accounts frozen by Western sanctions, European traders said on Tuesday. Syria

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World food prices stable; low stocks pose risk

  World food prices stabilised in January after falling in the previous three months, the United Nations food agency said on Thursday, but it warned that bad crop weather could cause violent price s

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Global grain reserves tighten even as prices fall

  Global food markets face further volatility in 2013 as stocks and supply of key cereals have tightened, the UN food agency said on Thursday, even as world food prices fell for a second month in November to their lowest since Ju

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Work begins on Jazan silos project

  Saudi Arabia's General Organization for Grain Silos and Flour mills has started work on a SR560 million ($149 million) grain silos and flour mill project at Jazan Port.   Jazan Governor Prince

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World grains production to fall sharply

  Global supply of key cereal staples including wheat are to tighten sharply in the 2012/13 crop season as wheat and maize output feels the pinch of the worst US drought in more than half a century, data from the UN food agency s

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Alarm as grain giants tighten grip

  A global race for grain trading power is putting more of the world's vital cereals in the hands of fewer companies, with a string of recent acquisitions raising fears that consumers will pay even more for their food, while

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US exports to Iran rise 30pc despite sanctions!

  US exports to Iran rose by nearly a third this year, chiefly because of grain sales, according to US data released last week, despite the tightening of US financial sanctions.   The jump to $199.5

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Saudi grain storage capacity to rise 27pc

  Saudi Arabia plans to raise the storage capacity of its grain silos by 27 percent over the next three years from the current 2.52 million tonnes, the director general of the state-run Grain Silos and Flour Mills Organisation (G

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