World Grain - October 2011 - (Page 94)

FEATURE Flour trade prospects improve P rospects for world trade in wheat flour improved in the past several months, resulting in a boost by the International Grains Council (IGC) in its forecast of the 201112 trade total. The IGC placed likely global trade in wheat flour in the 2011-12 crop season at 11.8 million tonnes of wheat equivalent, or 185 million cwts in terms of flour. That is up 180,000 tonnes from the initial forecast made several months ago and would indicate a flour export total unchanged from the prior year’s 11,789,000 tonnes in wheat equivalent. Considerably larger than the rise from the preliminary forecast for 2011-12 was the increase of 420,000 tonnes made in the estimate of actual global flour trade in 2010-11. For the past crop year, the IGC raised wheat flour volume by 420,000 tonnes from the prior figure. These increases still left world flour exports below the alltime record of 12,686,000 tonnes attained in 2009-10. World flour exports first exceeded 10 million tonnes of wheat equivalent in 1995-96 and have remained at this level for most of the first decade of the 21st century. In raising export prospects for 2011-12, the IGC boosted its forecast of flour exports for Turkey and Argentina by 100,000 tonnes each. Kazakhstan continued well in the flour export lead, its shipments this year forecast at 3 million tonnes in 94 by Morton Sosland IGC forecasts exports of 11.8 million tonnes in wheat equivalent for 2011-12 season wheat equivalent, or nearly 50 million cwts. That outgo would be up 500,000 from the previous season but would be below the record of 3,514,000 tonnes in 2009-10. Turkey was expected to maintain its second position as a flour exporter, shipping 2.6 million tonnes in 2011-12, up 200,000 from the prior crop year. The E.U. was expected to ship 1.2 million tonnes in 2011-12, down 100,000 from 2010-11. UZBEKISTAN INTAKE TO INCREASE Among importers, one of the world’s leading flour importers, Uzbekistan, was projected to take 200,000 tonnes more in the new season, at 1.4 million tonnes, than previously forecast. This brought this former Soviet Union satellite into line with Afghanistan, which also was forecast to take 1.4 October 2011 / World Grain /

Table of Contents for the Digital Edition of World Grain - October 2011

World Grain - October 2011
Grain’s influence on global population trends
News review
Focus on Turkey
In it for the long haul
Deregulation shapes shipping market in Australia
Port developments
News Roundup
Thai rice plan controversial
A growing force in corn
Is biotech blooming in Europe?
A battle for China
Marketing maneuvers
Biofuels News Review
A new imaging method for millers
U.S. soy crushers face challenges
IAOM Eurasia
Flour trade prospects improve
Ridding your facility of rodents
Intersystems expanding Omaha facility
OCRIM school educates millers from around the world
Perten Instruments acquires TexVol Instruments
Food Protection Alliance names Schmitz as director
SternMaid to participate in Food Ingredients Europe
Insta-Pro International names Latin American sales manager
Alltech realigns leadership team
Advertiser Index

World Grain - October 2011