COCERAL, the European association of trade in cereals, oilseeds, pulses, animal feed, olive oil, oils and fats, and agrosupply, has released its fourth forecast for the 2024 grain crop, projecting a significant reduction in total production for the EU-27+UK. The total grain output is now expected to reach 280.3 million tonnes, a notable decrease from the previous estimate of 296 million tonnes in June and down from the 294.2 million tonnes harvested in 2023.
Fastmarkets is inviting you to join the upcoming Global Grain Geneva Conference 2024, one of the world’s most prestigious events of agri-commodity traders, leaders and industry experts.
Algerian President Abdelmadjid Tebboune announced 2024, that the country is on track to achieve full self-sufficiency in durum wheat production by the end of 2025.
Turkey’s wheat import ban, in effect since June 21, will be partially lifted after October 15.
As global food demand continues to rise, the need for efficient, reliable grain storage solutions becomes increasingly important.
In an era marked by significant climatic shifts and growing food security concerns, the principle “every single grain counts” has never been more relevant.
In today’s complex agricultural environment, safeguarding the quality and safety of grain crops is more essential than ever.
Grains are essential to global food security, but ensuring that there is enough for everyone requires a multi-faceted approach.
“The import ban on wheat imposed by TMO until October 15 has been an extremely challenging period for our sector. The ban on imports and the uncertainty in wheat prices have created serious difficulties in maintaining our leadership position in the global market. During this period, our exports have seen an average decrease of 40%. We hope for a swift resolution to restore our export successes. We urge the authorities to support us by providing solutions to ensure we obtain wheat at global prices, so we do not lose our export 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.
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.
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.
As extreme weather and geopolitical tensions present challenges to global food security, the global grain market is facing significant hurdles.
“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..."
Maize matters in Mexico. The region that first farmed the versatile grain is still the world’s largest per-capita consumer.
Molino Quaglia has been producing wheat flour for more than 100 years in the heart of the Veneto region in Este in Northeastern Italy.
Japan is experiencing a shortage of rice, leading to escalating prices and widespread empty shelves in supermarkets, as demand has outstripped supply.
Grains form the backbone of Turkey’s agricultural production, standing out as an indispensable resource for both plant and animal production.
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.
Canada remains a major player in global grain production, consistently ranking among the top producers and exporters of wheat, barley and canola.
In an industry where innovation meets necessity, CESCO EPC GmbH stands out as a model of invention and resilience.
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.
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.
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.
Implementation of Turkish wheat import ban on 21 June 2024 was a heavy bearish factor for Black Sea wheat and freight market.
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.
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.
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.
At IDMA Istanbul, the industry witnessed the debut of two initiatives by Parantez Media:
Simultaneously organized with IDMA Istanbul, the fifth edition of TABADER’s now customary Doyens Award Ceremony took place on May 2nd at Wow Hotel.
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.
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.
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