contents www.World-Grain.com VOLUME 29 NUMBER 1 JANUARY 2011 FEATURES 28 Ciolos in the eye of the storm European Commissioner of Agriculture and Rural Development dealing with the difficult task of reforming Europe's Common Agricultural Policy. 34 Sustaining success Pioneer Foods continues to expand wheat, maize milling business. 40 Success in South Africa 28 Millers at the IAOM Mideast & Africa District Conference view latest technology, receive update on global wheat supply situation. 58 Shipping costs likely to fall further Exporters look set to remain competitive for at least the first half of 2011. 64 The changing face of grain trading Entry of new, non-traditional investors into the market among the factors that have led to greater volatility. 70 EDME: Staying true to its philosophy British company produces ingredients for milling, baking and food sectors derived from grain which is modified or processed by entirely natural means. 74 40 GEAPS Exchange 2011 Event in Portland, Oregon, U.S. to be highlighted by largest-ever educational program. 82 Flour trade to drop slightly IGC projects a 7% decrease in global flour exports in 2010-11. DEPARTMENTS 06 08 10 20 22 84 90 Editorial Calendar World Grain News Grain Market Review: Wheat Country Focus: Canada Supplier News Advertiser Index/Fax Back Form 70 ON THE COVER: SASKO Grain - the milling business of Pioneer Foods Ltd. - updated this wheat flour mill in Malmesbury, South Africa in 2005. The facility has a 24-hour wheat milling capacity of 528 tonnes. Photo by Meyer Sosland. ©Copyright 2011. Reproduction of the whole or any part of the contents without written permission is prohibited. All information is published in good faith. While care is taken to prevent inaccuracies, the publishers accept no liability for any errors or omissions or for the consequences of any action taken on the basis of information published. www.World-Grain.com / World Grain / January 2011 5http://www.World-Grain.com http://www.World-Grain.com