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Ardent Mills, the premier flour-milling and ingredient company, announced a $3.5 million gift to Kansas State University’s Ag Innovation Initiative. This five-year gift will support the grain science department’s growth, research, and development capabilities through 2026.

Global wheat production in 2023/24 is tentatively projected to retreat from the prior year’s record level amid a pullback in harvested area and yields, including a drop in the eight major exporters, the International Grains Council (IGC) said. The IGC saw global wheat production falling to 787 million tons from 801 million tons in the prior season.

Although wheat prices have fallen from the peak earlier this year, global wheat prices remain elevated, reflective of both uncertainty in the market based on disrupted trade flows in the Black Sea region and the continued decline in the stocks of several major exporters.

Since the first vessel sailed under the Istanbul grain export deal on Aug. 1, more than 200 ships have carried over 4 million tons of agricultural products through the grain corridor.

France's transport minister said on Sunday he would sign an agreement with Romania to help increase Ukrainian grain exports to developing countries including to the Mediterranean.

Scoular, one of the largest grain companies in North America, has completed an extensive upgrade to its grain handling facility in western Missouri that triples grain unloading speeds for farmers and expands storage space in time for wheat harvest.

FAO’s (The Food and Agriculture Organization of the United Nations) forecast for global cereal production in 2022 was raised by 7 million tonnes in July from the previous month and is now pegged at 2 792 million tonnes, according to the new Cereal Supply and Demand Brief. This is still 0.6 percent short of the world output in 2021.

The Turkish Grain Board (TMO) will continue to sell subsidized flour to bakeries in June in order to prevent the excessive increases in bread prices. The regulation by the Office had been planned to end as of May 31.

According to the spring 2022 edition of the short-term outlook report published by the European Commission, EU grain production is projected to reach 297.7 million tonnes for the 2022 harvest. The Commission forecast that EU grain exports would increase by almost 40% to 41.4 million tonnes in 2022/23 season.

A declaration passed by the International Grains Council calls on Russia to ‘immediately and unconditionally’ cease its aggression against Ukraine.