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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

Global cereal production forecasted to reach record high

20 October 20234 min reading

According to the FAO's October Cereal Supply and Demand Brief, global cereal production in 2023 is on track to reach a record high, with some significant changes and updates since the previous forecast. The latest estimate places global cereal production for 2023 at a robust 2,819 million tonnes, representing a 0.9 percent increase, or 26.5 million tonnes more than the previous year's production. This increase is primarily attributed to improved wheat production prospects worldwide.

The Food and Agriculture Organization of the United Nations (FAO) has raised its forecast for global wheat production by 3.7 million tonnes, reaching a total of 785 million tonnes. This improvement is largely due to more positive yield estimates in Russia and Ukraine, as they have experienced favorable weather conditions that exceeded earlier expectations. However, Canada's wheat output is expected to decline due to persistent dry weather in Alberta and Saskatchewan, resulting in lower yield expectations. Similar challenges have led to reduced wheat production forecasts for Argentina and Kazakhstan.

In contrast, the FAO's forecast for global coarse grains production in 2023 remains largely unchanged at 1,511 million tonnes. Nonetheless, this figure represents a 2.7 percent increase from the previous year. Improved prospects in Brazil, driven by the latest area and yield estimates from the safrinha harvest, have contributed to a slight increase in the forecast for global maize production. Brazil's excellent weather conditions this year are expected to result in record-high maize production in 2023.

The report also discusses rice production, noting that lower-than-expected plantings in Bangladesh, Nigeria, and the Philippines have somewhat reduced production prospects since September. However, these reductions were offset by positive developments in the USA, where significant area rebound and favorable growing conditions are expected to result in a record harvest. As a result, the world rice production forecast for 2023/24 remains stable at 523.1 million tonnes, implying a one percent annual increase.

World cereal utilization in 2023/24 is forecasted to reach 2,804 million tonnes, representing a 0.8 percent increase compared to the previous year. This increase in utilization is primarily driven by higher food consumption, which is expected to offset a drop in feed use of wheat. The total utilization of coarse grains in 2023/24 is forecasted to be 1,500 million tonnes, a 1.2 percent increase from the previous year.

CEREAL STOCKS SOAR TO NEW HEIGHTS

In terms of global cereal stocks, the FAO's forecast for the close of the 2024 season has been raised by 6.1 million tonnes, reaching a record high of 884 million tonnes. This, combined with a lower forecast for utilization, results in a slightly higher stocks-to-use ratio for total cereals in 2023/24, projected at 30.8 percent. Wheat inventories have seen an upward revision of 4.1 million tonnes, reaching 319 million tonnes, primarily due to higher production estimates in Ukraine and Russia. Likewise, maize inventories in Brazil and the USA have been revised upward, contributing to a 1.6-million-tonne increase in the forecast for world coarse grain stocks in 2023/24, which is pegged at 366 million tonnes. World rice stocks at the close of the 2023/24 marketing season are estimated to be around 198.6 million tonnes, marking a 1.7 percent year-on-year increase, with substantial expansions expected in countries such as India, China, Indonesia, and the USA.

GLOBAL CEREAL TRADE EXPECTED TO CONTRACT IN 2023/24

The FAO's forecast for world trade in cereals in 2023/24 remains steady at approximately 466 million tonnes, reflecting a 1.7 percent contraction from the 2022/23 level. This contraction is mainly due to a 3.5 percent decrease in world wheat exports, which is set at 193 million tonnes, and a 0.7 percent decline in global coarse grain trade. The maize trade forecast remains unchanged at 178 million tonnes, with increased shipments from Brazil balancing slight downward revisions in Paraguay and the USA. World rice trade in 2024 is now projected at 53 million tonnes, mainly due to small downward adjustments in West African imports.