Industry News

  UN Radio reported April 2nd that the latest grain price index issued by FAO on the same day indicated that grain price index was constantly dropping in March, mainly because of the drastic drop of sugar price index. Since April 2014, global grain price index has been on the decline. Latest grain price index indicates that grain price index dropped by 1.5% according to previous month and dropped by 18.7% according to the same period of last year. Except dairy, the prices of vegetable oil, grains and meat all dropped according to previous month. FAO senior economist Abdolreza…

  Brazilian media BNAmericas reported that Latin American Steel Association (Alacero) recently estimated that Latin America’s steel output in 2013 will drop by 1% to 64.9 million tons; the main reason was the increase of imported steel from China. Latin America takes up 4% of global steel output. Benjamin Baptista, an officer of Arcelor Mittal Brazil branch appealed to local government to crack down on the steel import from China so as to stimulate the expansion and investment of local steel makers. “Although the steel output in Latin America hasn’t risen, the demand has risen somewhat, while the gap…

  据联合国电台4月2日报道,粮农组织当天发表的最新粮食价格指数表明,3月份粮食价格指数持续下滑,主要原因是食糖价格指数的大幅下跌。自2014年4月以来,全球粮食价格一直呈下降趋势。 最新粮食价格指数显示,3月份的粮食价格指数比前一个月下滑了1.5%,比去年同期降低18.7%。除了奶类外,植物油、谷物和肉类价格均比前一个月下降。 粮农组织高级经济学家阿巴先(Abdolreza Abbassian)指出,粮价下跌的原因是作物前景好转,而由于巴西货币兑美元持续走低,该国食糖生产商大量出口食糖。 最新粮食价格指数表明,谷物价格指数下降1.1%,较去年同期降低18.7%,而今年谷物出现的下降趋势主要是由于出口供应量和库存增加,尤其是小麦和玉米;植物油价格指数下降近3.1%,达到自2009年9月以来的最低值;肉类价格指数下跌1%;奶制品价格指数连续第二个月上涨,与前一个月相比涨幅为1.7%。 粮农组织表示,2014年谷物估计产量调高至25.44亿吨,主要是由于欧盟的玉米收成高于预期,如果这一估计数得到证实,2014年全球谷物产量将比2013年的创纪录水平超出1%;对世界2015年期末谷物库存量的预测也明显高于上月报告水平,增幅主要反映了中国小麦和玉米库存数字上调。 (MGX)

  The latest data of China National Grain and Oil Information Center (CNGOIC) shows that China’s wheat import for 2013/14 may reach 8 million tons and make its highest point in recent two decades, due to the influence of severe weather on domestic output. CNGOIC has upgraded its estimated data of wheat import from previous 7.5 millions to 8 million tons, which is the highest point since 1995 when the import amount was 12.5 million tons. In October, American wheat future price rose and made its highest point in recent five months. The main reason is that China’and Brazil’s…

  On July 8th, a report of America’s Bloomberg said China has increased the import og American wheat and American wheat future price rises, so do the prices of soybean and corn futures. United States Department of Agriculture said America has exported a total amount of 840,000 tons of soft red winter wheat to China by the end of May and up to July 3rd, the shipped amount has reached 360,000 tons; the total sales amount and shipped amount between June 1st and 27th has reached 1,830,000 tons which is 5 times of previous years. Greg Grow, director of…

  Africa’s grain production over the recent years has the following features: a. the rate of self sufficiency is degrading gradually and grain scarcity is becoming more intense. Although many countries have made great efforts in grain production development since independence, generally speaking, grain increment hasn’t been able to keep up the increase of demand. Self sufficiency rate of grain has dropped from 97% of early 1960s to 70% of middle 1980s. Grain import has increased by six times. b. Grain production takes a prominent position in agriculture and planting industry. Mostly, for the countries with a lower economic…

  The Southeast Asia District plans for more than 200 milling professionals to gather for its 4th annual conference & expo, which is scheduled for October 8-10, at the Asiana Saigon InterContinental in Ho Chi Minh, Vietnam. A one-day workshop will precede the two-day conference. The international forum gathered industry professionals for three days of educational programming, networking, the exchange of ideas, and the discovery of new products and services.

  Algerian wheat import in first 7 months of 2013 increased to 1.39 billion dollars, compared with 1.16 billion dollars of the same period of last year. Maghrebemergente info reported this news by quoting national customs data and analysis center. In term of volume, the total volume of hard wheat and soft wheat of the first 7 months of this year was 3.80 million tonnes, compared with 3.66 million tonnes of the same period of lst year. Algeria imported a total volume of 870,000 tonnes hard wheat, with value 354,432 dollars and a total volume of 2.92 million tonnes…

  The size of the U.S. corn crop will heavily influence the market for the next few months. By Darrel Good, University of Illinois The size of the U.S. corn crop will be the most important price factor in that market for the next few months. The market is expecting a crop large enough to meet consumption needs without price rationing, but is not expecting as large an increase in marketing year ending stocks as projected a month ago. The USDA’s production forecast to be released on Sept. 12 will provide for updated projections of marketing year consumption, ending…

  Zimbabwe faces its worst food shortages in four years following a drought and poor harvest, the UN World Food Programme has said September 3rd. Hunger is on the rise in Zimbabwe with an estimated 2.2 million people – one in four of the rural population – expected to need food assistance during the pre-harvest period early next year. The latest food shortages were due to bad weather, high seed and fertilizer costs and projections that food prices will climb because of the poor maize harvest. The agency said it was working with the government and other international aid…