Wednesday 19 June 2013
 
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wheat

World cereal production to rise 6.5pc

World cereal production is expected to rise 6.5 percent in 2013/14 to reach a record 2.46 billion tonnes, mainly due to higher wheat output and a rebound in maize production in the United States, the United Natio

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Egypt seen falling short on wheat crop forecast

Egypt's wheat harvest is shaping up well but farmers doubt it will meet official predictions, threatening the government's plan to cut costly food imports as it battles to shore up its fragile finances.

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Iran buys 0.6m tonnes of wheat on premium

Iran's state grains buyer GTC swept back into international markets, picking up more than half a million tonnes of wheat to shore up domestic stocks as its crop expectations were pared back and to avoid unrest after next week's elections

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Cereals production seen up, to weigh on food prices

A projected rebound in global wheat and maize production this year will weigh on food prices but strong demand will prevent prices falling far from high levels, the United Nations food agency said on Thursday. Maize production is

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Saudi buys 525,000 tonnes of wheat

Saudi Arabia bought 410,000 tonnes of hard wheat (12.5 percent protein minimum) and 115,000 tonnes of soft wheat (11 percent protein minimum) for shipment between September and October, from Toepfer, the Grain Si

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Egypt gathers 2.7m tonnes of wheat

Egypt, the world's largest wheat importer, has gathered 2.7 million tonnes of wheat from local farmers so far this season, Supplies Minister Bassem Ouda said in a television interview on Thursday. "We have reached today 2

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Iraq to lose 30pc of wheat harvest due to floods

Iraq will lose between 25-30 percent of its wheat harvest this year due to recent floods caused by heavy rains in south of the country, Iraq's Trade Minister said on Tuesday, estimating the loss at more than $200 million. Iraq

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Egypt sees wheat crop close to 10m T

Egypt's wheat crop will be close to 10 million tonnes this season, agriculture minister Salah Abdel Momen said on Sunday as the harvest gets underway, more than the supply minister's 9.5 million tonne forecast. Abdel Momen

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Iran starts build of food stocks despite sanctions

Iran has started building grain stocks again, with purchases of wheat from Australia and Germany plus maize from Ukraine, said traders, with Tehran getting around payment difficulties caused by toughened international sanctions. E

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Egypt to spend $1.6bn on wheat purchases

  Egypt's government has allocated 11 billion pounds ($1.6 billion) to buy 4.5 million tonnes of wheat from local farmers this year, state media said as the most populous Arab country struggles to ensure supplies.

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