World Grain - February 2015 - (Page 19)

NEWSREVIEW IGC forecasts world wheat production at 701 million tonnes LONDON, ENGLAND - The International Grains Council (IGC), in its most recent Grain Market Report issued Jan. 22, preliminarily forecast world wheat production in 2015-16 at 701 million tonnes, down 2% from a record 717 million tonnes estimated for the current typically account for about half of the total," the IGC said. - was expected to fall from 2014. 224.2 million hectares, 1% larger than the 2014-15 wheat area at 222 million tonnes. The forecast for 2015-16 was based on Northern Hemisphere seedings of winter wheat, which were completed un- lion hectares, up 5.7% from 2014. While winter wheat plantings in Canada were estimated to be down about 25% from 2014 because plantings, were expected to be higher than a year ago. sowing of wheat across the Northern Hemisphere and later plantings of wheat in the Southern Hemisphere. "Increased areas are projected in Kazakhstan, Ukraine, the United States, Argentina, Near East Asia and North Africa, partly offset by reductions in Russia and Brazil," the IGC said. "Wheat areas in the European Union, China, India and Australia are expected to be largely unchanged." compared with 26.5 million hectares last year. The IGC noted while planted area of "common wheat" was forecast to be slightly smaller than in 2014, spring-planted durum area was expected to be larger than a year ago. quate across most areas when temperatures fell sharply in early January. million hectares, up 2.6% from 2014. The IGC noted winter wheat plantings were 5% lower than a year ago mainly because of planting delays. But the IGC said larger expected spring wheat and durum lion tonnes, the same as the projection for the current year. World ing countries in Asia and Africa," the IGC explained. smaller than in 2014, the IGC said. Of the total wheat planted area, larger than for 2014. high interest rates, currency depreciation, and, as a result, soaring input costs, farmers may reduce plantings of spring wheat, which tonnes, down 5 million tonnes from 2014-15. World wheat trade in 2015-16 (July-June) was projected at 150 tonnes compared with a forecast 151 million tonnes in the current year. "Requirements in Egypt may fall as liberalization of local bread subsidies continue to cut wastage in the supply chain," the IGC said. For more information, see Page 114. / World Grain / February 2015 19

Table of Contents for the Digital Edition of World Grain - February 2015

World Grain - February 2015
Table of Contents
From the Editor-in-chief - Easing embargo on Cuba a world gain
Calendar of Events
119th Annual IAOM Conference and Expo
News Review - NIBULON reports record grain, oil crop exports
Nidera building silo on Danube in Romania
Algeria’s cereal imports increase by $3.5 billion
ADM strengthens Unilever relationship
Cargill’s net earnings up 41%
Grain, biofuel shipments surge at Port of Prince Rupert
CHS reports 56% increase in first-quarter earnings
KSU names Grain Science and Industry Department head
Port of Paranaguá sets record for grain handling
Bullish economics may force grain prices lower
IGC forecasts world wheat production at 701 million tonnes
Carr’s Milling profit up on strong performance
Bay State Milling expanding in Arizona
AGRANA earnings drop 25%
Canada introduces act to modernize grain industry
Grain Market Review - Rice
Country Focus - Syria
Feature - Ethiopia Striving for Grain Surpluses
Feature - CWB Taken off Life Support
CWB's Asset List
Feature - Europe's Largest Port Keeps Growing
Deep History
Feature - Grain Experts Analyze Black Sea
Feature - Investment analysts guarded about 2015
Feature - Another year of advances
Rice Quarterly - Milling Properties of Commingled Rice
Vietnam’s outlook for rice exports mediocre for 2015
Myanmar’s rice exports to China surge
African countries focus on boosting rice production
Thai rice exports to dominate
Feature - U.K. Milling Industry checking for soy in flour
Feed Operations - Upgrade ideas for your feed mill
Feature - Comparing Major Soybean Exporters
Feature - The importance of Landscaping
Feature - Global feed tonnage increases
Supplier News
Product Showcase
World Grain Archive
Ad Index/Reader Information Form International Faxback Program

World Grain - February 2015