World Grain - May 2016 - (Page 13)

NEWSREVIEW E.U.-28 grain production forecast to meet five-year record WASHINGTON, D.C. - In market year 2016-17, and for the second consecutive season, E.U.-28 farmers are expecting a grain crop of around 310 million tonnes, the U.S. Department of Agriculture's (USDA) Foreign Agricultural Service (FAS) said in a April 1 report. +RZHYHUIROORZLQJDZHDWKHUUHODWHGULVHLQZKHDW\LHOGVDQGVLJQL¿FDQWGHFOLQHLQFRUQ\LHOGVLQPDUNHW\HDUWKLVKHDGOLQH¿JXUH hides a much improved corn production number and reduced year-onyear wheat production. Indeed, if realized, the forecast E.U- 28 grain crop will be just 800,000 tonnes smaller than in market year 2015-16 and, following the record 327 million tonnes grain crop in market year ZLOOEHWKH¿IWK(8FURSWRVXUSDVVPLOOLRQWRQQHVLQ a decade. The record E.U.-28 wheat crop in market year 2015-16 at a time of increased global grain supplies has weighed on the E.U.-28 wheat market this season. Despite low prices, and an improved pace in recent weeks, a slow start to the season means wheat exports are lagging behind the record set in market year 2015-16, and are currently forecast to reach 31.5 million tonnes. The much reduced domestically available supply of corn has supported a switch to wheat in animal feed rations. However, even with industrial use of grain down 650,000 tonnes in market year 201516, total Food, Seed & Industrial (FSI) use is only marginally lower year on year. This means total E.U.-28 grain ending stocks in market year 2015-16 are currently forecast to rise 3.5 million tonnes to over 36 million tonnes. With total domestic consumption forecast down just 800,000 tonnes in market year 2016-17, a decline in feed demand expected to be largely offset by increased FSI usage, it is only a combination of a slight decline in production and a marginally improved outlook for wheat exports that sees stocks falling just under 1 million tonnes through the year. Indeed, much will ultimately depend on the size and quality of the E.U.-28 crop. NCSP's cargo turnover increases in first three months NOVOROSSIYSK, RUSSIA - Novorossiysk Commercial Sea Port (NCSP) Group announced on April 14 that its consolidated cargo turnRYHUIRUWKH¿UVWWKUHHPRQWKVRILVXSDQGUHDFKHGPLOlion tonnes. Bulk cargo volumes totaled 3.281 million tonnes. That included PLOOLRQWRQQHVRIJUDLQZKLFKZDVXSIURPPLOOLRQ tonnes in the same period last year. 2WKHUFDUJRLQFOXGHGWRQQHVRIFKHPLFDOVWRQQHV RIVXJDUWRQQHVRILURQRUHDQGWRQQHVRIFRDO *HQHUDOFDUJRYROXPHVIRUWKH¿UVWWKUHHPRQWKVRILQFUHDVHG slightly to 3.572 million tonnes from 3.510 million tonnes in the same SHULRGRIODVW\HDU&RQWDLQHUWUDI¿FUHDFKHGPLOOLRQWRQQHVDQG 7(8DQLQFUHDVHRIDQGUHVSHFWLYHO\FRPSDUHG to the same period last year. Cost Effective Solutions That Get Results! t More than 50 years of grain storage, movement and handling expertise t Global divisions widely recognized as industry leaders in their respective fields t Full arsenal of durable storage and handling products t Flexibility to quote entire projects or single components t Global's renowned quality, service & support that seals For more information, see Page 114. partnerships and keeps Global customers coming back You expect results. Global delivers. Global Industries, Inc. 2928 East US Highway 30 Grand Island, NE USA 68802 E-mail: For more information, see Page 122. Ph: 308-384-9320 308-389-5253 / World GrainFax: / May 2016 13 Visit Us On Facebook *OOPWBUJW WF&OHJO OFF FSJOHt1SSFDJTJPO .BOV VGBDUV VSJOHt %F FMJWFSJOH7 7BMVF5SV VTU

Table of Contents for the Digital Edition of World Grain - May 2016

World Grain - May 2016
Table of Contents
From the Editor-in-chief - Keys to poorer nations’ prosperity
Calendar of Events
AGIC 2016 is July 25-27 in Australia
News Review - Olam breaks ground on Nigerian feed, poultry complex
Nidera appoints new CEO
Scoular searches for new CEO
CHS’ earnings down on reduced commodity prices
ADM begins expansion at Brazilian port
E.U.-28 grain production forecast to meet five-year record
NCSP’s cargo turnover increases in first three months
Gavilon seeks expansion in the U.S.
VICTAM appoints new GM
Cargill profit rises in face of difficult market conditions
Olam secures financing for flour, food processing facilities in Nigeria, India
General Mills to upgrade New York facility
Dangote making changes to flour mill business
CBH’s New Albany site close to completion
Glencore sells 40% stake in agricultural unit
Per capita U.S. flour use dips to lowest level in 18 years
Brazil’s 2016-17 corn production forecast to be a record
Grain Market Review - Coarse grains
Country Focus - Kazakhstan
TECHNICAL PROFILE - Flat bread in Kazakhstan
FEATURE - Realizing innovation’s Opportunities
FEATURE - Time for government intervention?
FEATURE - 2016 IAOM Conference & Expo
CIGI CEO says milling industry must better promote its products
FEATURE - Reforms boost Argentine grain industry
FEATURE - Mid-latitude drying in 2016-17
FEATURE - European supplier profiles
TECHNICAL PROFILE - Durum wheat debranding study

World Grain - May 2016