World Grain - August 2014 - (Page 16)

newsreview E.U., EIB to work together on agriculture BRUSSELS, BELGIUM - European Commissioner for Agriculture and Rural Development Dacian Cioloş and Vice-President of the European Investment Bank (EIB) Wilhelm Molterer signed on July 14 a memorandum of understanding between the European Commission and the EIB for cooperation in agriculture and rural development from 2014-20. The first of its kind in the field of agriculture, this agreement paves the way for common initiatives by both institutions. This memorandum of understanding will bring the agri-food sector closer to financial instruments needed to increase competitiveness and innovation. The financial instruments envisaged have a strong potential for supporting short supply chains, as well as for small farm structures and young farmers," Cioloş said. "Farmers will have easier access to funding to back their investment decisions, while member states and stakeholders will also greatly benefit from the EIB's support and experience on financial instruments and strategic investment." "The EIB has long-standing experience in agriculture, rural develop- ment and food security financing. Long-term lending conditions can encourage entrepreneurs in these sectors to implement business ideas that are difficult to finance out of the current short term cash-flow," Molterer said. "And experience has shown that memorandums of understanding are very helpful reference guides for strengthening cooperation and developing future activities." The EIB will bring its experience in the development of financial instruments, which play an increasingly important role to support competitiveness and innovation in agriculture, forestry and rural businesses. The EIB will be able to advise member states and regions in defining investment strategies and projects. The EIB will also put emphasis on agriculture and rural businesses in its operational program and its interventions. In more concrete terms, the sort of instruments and interventions that might be covered are investments, pilot and demonstration projects, and innovative projects transferring research results and knowledge-sharing. Uzbekistan harvests record 8 million tonnes of grain TASHKENT, UZBEKISTAN - Uzbekistan's Ministry of Agriculture and Water Resources announced in mid-July that the country has increased agricultural production output in the first half of the year by 6.9%. "Grain growers harvested more than 8.05 million tonnes of grain and have exceeded the annual contractual obligations," the ministry said. The reforms conducted in recent years in the agricultural sector allowed Uzbekistan to become a grain exporting nation. As a comparison, Uzbekistan's average yield of grain amounted to 940,000 tonnes in 1991. For more information, see Page 106. 16 August 2014 / World Grain /

Table of Contents for the Digital Edition of World Grain - August 2014

World Grain - August 2014
Table of Contents
From the Editor-in-chief - Fundamentals drive wheat prices
Calendar of Events
Latin American milling conferences
News Review - Interflour to build flour mill in Philippine free-trade zone
San Miguel to double flour milling capacity
ADM Milling completes expansion in Indiana
Bartlett building grain facility in Kansas
Cargill to build grain facility in Arkansas
Grupo Bimbo acquires Ecuadorean baker
Didion Milling names vice-president, business development
GrainCorp buys stake in Egyptian flour miller
Egypt purchases 5.1 million tonnes of wheat in 2013-14
United Grain plans bigger expansion at port
E.U. feed groups want decision on GMs
Toepfer renamed ADM Germany
E.U., EIB to work together on agriculture
Uzbekistan harvests record 8 million tonnes of grain
Ungashick joins World Grain sales team
E.U. sets import duty for first time in nearly four years
CHS earnings up 51% in third quarter
CHS makes management changes
Ardent Mills selects office location
Grain Market Review - Coarse grains
Country Focus - South Africa
Feature - Dawn of a New Era
Ardent Mills partners, executives, bring deep roots in flour milling
Regional Review - A Vital Grain Producer
Regional Review - Overflowing with Oilseeds
Regional Review - Export Challenges
Feature - Using Corn as a 'Lifeline'
LifeLine products
Technical Profile - Demanding the best
Feature - A Growing Issue
Feed Operations - Pellet Mills
Feature - Debugging your facility
Species spotted
Guest Commentary - Unforgettable: How flour saved Berlin
Feature - Olam's rice nucleus program
Rice Quarterly - UN sets acceptable levels of arsenic in rice
New rice mill planned for Arkansas
Italy wants ‘fairer’ rice deal
Thailand province developing jasmine rice
Thailand’s rice price shoots up on drought
Supplier News
Product Showcase
World Grain Archive
Ad Index/Fax Back Program

World Grain - August 2014