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03 October 20242 min reading
ADM acquires Vandamme Hungaria to boost non-GM production in Europe
ADM announced that it has reached an agreement to acquire Vandamme Hungaria Kft and its related entities, which operate a 700 metric ton/day non-GM crush and extraction facility in northern Hungary.
03 October 20242 min reading
Russian flour milling congress highlights industry challenges and future prospects
The XVI Congress of Flour and Cereal Milling Enterprises of Russia took place on September 26-27, 2024, at the International Industrial Academy in Moscow.
03 October 20243 min reading
Egypt increases wheat flour exports amid regional crises
Egypt, a key supplier of wheat flour to many African and Middle Eastern countries, has expanded its exports by leveraging increased milling capacity, competitive pricing, and geographic proximity to these markets, according to the latest country report from the United States Department of Agriculture (USDA).
02 October 20242 min reading
SovEcon lowers 2024/25 Russian grain export forecasts
SovEcon, a leading Black Sea grain consultancy, has reduced its 2024/25 export forecasts for Russian wheat, corn, and barley due to a smaller crop size and rising domestic feed demand.
Cover Story
COVER STORY
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11 September 20246 min reading
Focusing on food security: How to enhance the resilience of the food system
Grains are essential to global food security, but ensuring that there is enough for everyone requires a multi-faceted approach.
08 August 20244 min reading
Fortified wheat and maize flours help solve malnutrition challenge
In response to the global malnutrition challenge, fortified wheat and maize flours are emerging as a vital solution. With over two billion people suffering from micronutrient deficiencies, fortification of staple foods is proving to be a cost-effective method to enhance public health.
08 August 20248 min reading
Commercial opportunities in whole grain products: Meeting consumer demand for healthful foods
In this article, we explore the findings of the 2023 Whole Grain Consumer Insights Survey, highlighting how increasing the variety and availability of whole grain products can significantly boost consumption.
08 August 20246 min reading
Unveiling new flour varieties and specialty milling techniques
The global milling industry is experiencing a new wave, driven by consumer demand for healthier, more diverse dietary options.
Interview
INTERVIEW
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11 September 202419 min reading
Turkish Mercantile Exchange’s 5-Year Journey: How TMEX is Transforming Turkey’s agricultural sector and grain markets
The Turkish Mercantile Exchange (TMEX) is leading the transformation of Turkey's agricultural sector, marked by a remarkable threefold increase in licensed warehouse capacity over five years and the upcoming launch of a futures market by 2025.
04 September 20247 min reading
Ukrainian Wheat: Harvest insights and the global export landscape
In an insightful interview with Miller Magazine, grain market observer at Fastmarkets, Masha Belikova sheds light on the factors influencing Ukraine’s wheat export strategies, the impact of European crop shortages, and the complexities of maintaining stable trade routes amid geopolitical tensions.
09 August 20247 min reading
Food City Project: Molino's vision for integrated, sustainable food systems
In an exclusive interview, Salim Alaybeyi, Vice President of Molino, reveals how the company’s 70-year legacy has evolved into a global leader in grain processing.
09 August 202417 min reading
The Future of Eastern Africa’s Grain Industry: Confronting challenges and exploring new horizons
Eastern Africa’s vast agricultural potential is pivotal in shaping the continent’s food security and impacting global grain markets.
Article
ARTICLE
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12 September 20249 min reading
Ensuring optimal grain quality: The future of wheat testing
“Given the diverse quality assessment requirements at different stages of wheat processing— ranging from storage to milling to food production—there is a growing need to explore the current applications of NIR technology in wheat testing..."
11 September 20247 min reading
Modernizing maize: How technology is enhancing Mexico’s staple grain
Maize matters in Mexico. The region that first farmed the versatile grain is still the world’s largest per-capita consumer.
15 August 20248 min reading
Molino Quaglia: Where flour becomes art
Molino Quaglia has been producing wheat flour for more than 100 years in the heart of the Veneto region in Este in Northeastern Italy.
09 August 20246 min reading
Reshaping the conversation on global trade and food security
The 33rd IGC Grains Conference 2024 titled “Reshaping the conversation on global trade and food security” was held in London on the 11th and 12th June 2024 and addressed the role of trade in global food security.
Country Profile
COUNTRY PROFILE
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12 September 20249 min reading
Turkey’s new roadmap in grain industry
Grains form the backbone of Turkey’s agricultural production, standing out as an indispensable resource for both plant and animal production.
11 July 20249 min reading
Pakistan’s grain outlook
According to the USDA’s latest June Pakistan country report, wheat production for the marketing year 2024/25 (May-April) is expected to reach a record 31.4 million metric tons (MMT), which is eleven percent higher than last year’s production of 28.2 MMT.
13 June 20245 min reading
Canada’s Grain Outlook for 2024/25
Canada remains a major player in global grain production, consistently ranking among the top producers and exporters of wheat, barley and canola.
16 April 20249 min reading
Agricultural production planning and its effect on flour industry in Turkey
Since wheat is a product that can be produced both in dry and irrigated conditions, its effect on production planning is not expected to be high compared to other products.
Technology Platform
TECHNOLOGY PLATFORM
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12 August 20249 min reading
Adapting grain management strategies to meet a changing world
In an industry where innovation meets necessity, CESCO EPC GmbH stands out as a model of invention and resilience.
10 June 20244 min reading
Growing global demand fuels innovation in grain logistics
In an interview during the recent IDMA Istanbul Expo, Mehmet Büyükzeren, the General Manager of Yılmaz Kardeş Hydraulic Machinery Industry Co., shares his insights on the critical role of logistics in the global grain trade and the increasing demand for advanced unloading platforms.
10 June 20244 min reading
Turkish milling machinery sector seeks export funding boost
One of our significant visits at the IDMA Expo was Çift Kartal, a stalwart in the milling machinery industry with over half a century of experience.
04 June 20245 min reading
Maxi-Lift’s focus on EAME and APAC markets highlighted at IDMA Expo
In an interview during the IDMA EXPO in Istanbul, André Rigo, International Sales Director of DuraPlas/Maxi-Lift Inc., shared insights on the company’s journey, recent innovations, major projects, and the future of the grain processing industry.
Market Analysis
MARKET ANALYSIS
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06 September 20248 min reading
Ukrainian wheat export: From tradition to transition
Ukraine has faced significant challenges in maintaining its traditional markets in North Africa, the Middle East, and Southeast Asia – particularly in Egypt, Turkey, and Indonesia – since the onset of the war.
09 August 202410 min reading
Upcoming barley trends or how to ride the wave?
The prospects of Ukrainian barley export in 2024/25 MY may seem quite gloomy from the point of view of potential buyers’ demand, as such key destinations like Spain and China may reduce purchases.
11 July 20248 min reading
Turkish wheat import ban pressed prices beforehand harvesting
On 06 June 2024, the government of Turkey introduced a ban on wheat import for the period from 21 June 2024 to 15 October 2024. The measure is taken to protect local farmers during the harvesting period.
13 June 20246 min reading
USDA forecasts record wheat production amid declining trade and stocks
According to the USDA’s May ‘Grain: World Markets and Trade’ report, the global wheat outlook for 2024/25 forecasts record production and consumption but lower trade and contracting ending stocks.
Idma Today
IDMA TODAY
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11 June 20245 min reading
IDMA Today and BBM Mutfak bring dynamism and flavors to IDMA
At IDMA Istanbul, the industry witnessed the debut of two initiatives by Parantez Media:
09 May 20243 min reading
TABADER hosts 5th Doyens Award Night
Simultaneously organized with IDMA Istanbul, the fifth edition of TABADER’s now customary Doyens Award Ceremony took place on May 2nd at Wow Hotel.
08 May 20244 min reading
IDMA Istanbul hosts pulse of grain processing industry with 10,000 visitors from 120 countries
The global grain processing industry convened in Istanbul. The domestic sector, specializing in flour, grain, feed, pulses production equipment, and milling machinery, crucially exporting 90 percent of its output, gathered with over 10,000 professionals from 120 countries at the 10th IDMA Istanbul.
04 May 20242 min reading
Turkish-Moroccan flour industry bond strengthened at IDMA Expo
In an exclusive interview during the IDMA Expo in Istanbul, Moulay Abdelkadir Alalaoui, President of the Moroccan Flour Milling Federation (FNM), provides a comprehensive overview of the state of flour milling in Morocco and its relationship with Turkey.

BLOG

IGC reports falling global grain stocks despite record production in 2024/25

23 September 20242 min reading

In its latest grain market report, released on September 18, the International Grains Council (IGC) forecasts record global grain production and consumption for the 2024/25 season. The Council projects ending grain stocks at 581 million tons, marking the lowest level in the past decade.

According to the IGC report, global grain production for the 2024/25 season is expected to reach 2.315 billion tons, while consumption is forecasted at 2.325 billion tons. “A modest increase in total global grain production for 2024/25, to a record 2.315 billion tons, reflects anticipated gains in sorghum, wheat, oats, and barley output. Although production is up year-on-year, total grain availability will slightly decline due to reduced opening stocks. A small rise in consumption, driven by industrial use, is expected to set a new peak of 2.325 billion tons. World stocks are projected to fall to a 10-year low of 581 million tons, with the sharpest year-on-year declines in wheat and maize. Reduced import demand in Asia and Europe is reflected in a forecasted 7% drop in global trade, to 421 million tons,” the report stated. Global grain trade is expected to fall to its lowest level since the 2020/21 season, when 396 million tons were traded.

The IGC also revised down its global wheat production forecast for 2024/25 by 1 million tons from the previous month to 798 million tons. Despite this adjustment, it still represents a 3-million-ton (0.4%) increase from last year. The Council lowered its forecast for EU wheat production by 2.6 million tons, but this is partially offset by a 1.7-million-ton increase in Australia's outlook.

Similarly, the IGC reduced its global maize production forecast for 2024/25 by 2 million tons, bringing the estimate to 1.224 billion tons—a 3-million-ton decrease compared to last year.

For soybeans, the IGC projects global production to reach 419 million tons, up 7% from the previous season. Soybean consumption is expected to hit a record 406 million tons, with trade forecasted to rise for the third consecutive year to 178 million tons.

Global rice production is forecast to rise by 1% to 528 million tons, supported by larger harvests in Asia. The Council also increased its rice trade forecast to 54 million tons, driven by potential purchases from African importers.