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07 October 20243 min reading
Humanitarian crisis deepens as conflict devastates Gaza’s food production
The latest assessment using satellite data produced by the Food and Agriculture Organization of the United Nations (FAO) and the United Nations Satellite Centre (UNOSAT) shows escalating damage to farmland and agricultural infrastructure in the Gaza Strip, further exacerbating the humanitarian and hunger crisis resulting from the ongoing conflict.
07 October 20243 min reading
Food commodity prices see sharpest climb since 2022, led by rising sugar and cereal costs
The benchmark for world food commodity prices saw its fastest increase in 18 months in September, with quotations up for all covered commodity groups, led by sugar and cereal, the Food and Agriculture Organization of the United Nations (FAO) reported.
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.
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

'Headline risks at highest levels due to unpredictability of geopolitical factors'

23 January 20203 min reading

Pedro H. Dejneka, MD Commodities: “The sheer unpredictabilityof geopolitical factors which have enormous effects not only on potential supply and demand fundamentals but also on the behavioral side of markets. Headline risks, both bearish and bullish are at some of the highest levels in history simply because of the total unpredictability of trade flows and other geopolitical factors.”

Interview: Namık Kemal Parlak

Pedro H. Dejneka, a well-known commodity market consultant, gave an interview to Miller Magazine on the factors affecting the international grain trade. He answered our questions regarding the different aspects that influencing the agricultural commodity market. Mr. Dejneka is a Partner and Co-Founder of MD Commodities, a global macroeconomic and agricultural commodity consulting firm with offices in Brazil and in the United States.

What are the most important challenges grain traders are facing today? The sheer unpredictabilityof geopolitical factors which have enormous effects not only on potential supply and demand fundamentals but also on the behavioral side of markets. Headline risks, both bearish and bullish are at some of the highest levels in history simply because of the total unpredictability of trade flows and other geopolitical factors.

How the outbreak of African swine fever in Asia has impacted grain markets? For year grain/oilseed traders acted as if Chinese demand for soybeans were going to increase each and single every year. ASF has been a major factor in changing that false perception that demand was “untouchable”. Traders have had to adjust their long-term projections, with the understanding that the demand side of the equation can oftentimes be as volatile and fickle as supply disruptions.

Consumer awareness in health, origin, environment, climate change and animal welfare has been increasing. How changing global consumption trends will affect the global grain trade flows? These are normal changes of an evolving and developing society. I personally do not believe they will offer major disruptions to trade volume. The focus is simply shifting from purely being on quantity to both quantity and quality. The companies that are able to adjust quicker to this change in consumer demands will be the ones that will lead.

There is Black Sea dominance in the wheat exports. Do you think Black Sea countries could gain more market shares? Absolutely! The Black Sea region has tremendous grain market share growth potential ahead and I foresee that growth will be realized in the coming years…

How will digitalization and blockchain technology affect global trade flows? What are the potential impacts on commodity trading? Greater agility, transparency, and competition.