World Grain - November 2017 - 30

FEATURE: GRAIN MARKET TO BREAK MORE RECORDS IN 2017-18

billion tonnes of maize, revised up from
1.017 billion the previous month, but
down from 1.079 billion the year before.
"Further increases for Russia contribute to upward revisions for global wheat
and barley crops," the IGC said.
The FAO lowered its forecast for
global cereal utilization in 2017-18 by
2.3 million tonnes to 2.589 billion, 26
million higher than in 2016-17.
"The month-on-month reduction
largely stems from a cut in the forecasts
of maize and rice utilization, which
PRUH WKDQ R൵VHW D IRUHVHHQ LQFUHDVH LQ
wheat consumption," the FAO said.
The FAO put world wheat utilization in 2017-18 at a record 734 million
tonnes, up 3.4 million from its forecast
made the previous month and 0.3%
above the 2016-17 estimated level. The
rise from the previous month, "mostly
UHÀHFWV KLJKHU IRUHFDVWV IRU LQGXVWULDO
use," the FAO said. "The expansion

from 2016-17 is largely attributed to a
1.1% projected growth in the food consumption of wheat."
World grain stocks by the end of seasons in 2018 are now forecast at a record 720.5 million tonnes, 1.3 million
above the FAO's September forecast
and 18 million above the opening level.
The FAO put the stocks-to-use ratio for
2017-18 at around 27%, which it pointed out is well above the record low of
20% set in 2007-08.
The FAO put wheat ending stocks at
a record of around 261 million tonnes,
little changed from its previous estimate
but 15 million up on the opening level.
"The sharp increase from the preYLRXV VHDVRQ ODUJHO\ UHÀHFWV VLJQL¿cant build-ups in China (+19 million
tonnes) and in the Russian Federation
(+6.8 million tonnes)," the FAO said.
The increase raises stocks-to-use to
34.6%, up sharply from 2016-17 and

the highest in over three decades."
The FAO forecast world grain trade in
2017-18 at "almost" 403 million tonnes,
down "marginally" from its forecast in
September but still 1.5 million tonnes
above the 2016-17 record. The IGC also
anticipates record trade.
"World grains trade is projected to
reach an unprecedented level, underpinned by the ninth consecutive annual
expansion for maize," the IGC said.
The FAO forecast world trade in
wheat in 2017-18 (July/June) at nearly
175 million tonnes, close to the record
volume in 2016-17.
"Import demand is seen to remain
steady in nearly all regions with the exception of Africa, where total imports
could decline slightly mainly on reduced
purchases by Algeria and Morocco,"
the FAO said. "Export supplies are expected to be more than adequate to meet
global demand, especially in view of

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November 2017 / World Grain / www.World-Grain.com



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World Grain - November 2017

Table of Contents for the Digital Edition of World Grain - November 2017

World Grain - November 2017
Contents
Second Paris Grain Day event focuses on challenges in the European industry
FROM THE EDITOR - U.S. milling industry steps up recruiting effort
CALENDAR OF EVENTS
News Review - ADM opens new feed premix plant
Unga Group planning mill expansion in Kenya
U.S. Wheat Associates to close Cairo, Egypt, office
Koch Foods to build $40.5 million feed mill
IFIF, FAO vow to strengthen partnership at annual meeting
Scoular taps Cargill exec for special crops business
Report: Glencore, Bunge agree to standstill deal
CBH unveils another change in leadership
Siemer promotes Wallace to VP of customer service
Pipeline Foods expands footprint in North America
G3 Canada Limited building new primary elevator
U.S. Senate confirms two new USDA appointments
CBH breaks shipping, rail records
Perdue AgriBusiness opens new soybean processing plant
Louis Dreyfus Company earnings up in first half
GRAIN MARKET REVIEW - Wheat
COUNTRY FOCUS - Australia
FEATURE - GRAIN MARKET TO BREAK MORE RECORDS IN 2017-18
FEATURE - BRAZIL'S GRAIN TRANSPORTATION STILL LAGS
FEATURE - FIGHTING TOWARD ZERO HUNGER
New ADMI director named
FEATURE - BABY BOOMER BLUES
FEATURE - MILLERS AWAIT ADVANCEMENTS IN CONTROLLING PATHOGENS
FEATURE - BUNGE MAKES MOVE IN SOYBEAN, PALM OIL
Seeking drop-in answers for phos
FEATURE - GRAIN MARKET RISKS EXAMINED
GRAIN OPERATIONS - Maintaining grain quality in tropical climates
FEATURE - CHINA’S APPETITE FOR SORGHUM CONTINUES
FEATURE - FULFILLING ITS OBLIGATION
FEATURE - MONSOONAL RAINS FINALLY BEGIN IN BRAZIL
FEATURE - OCRIM HOSTS ‘WHEAT, FLOUR, AND…’
SUPPLIER NEWS
PRODUCT SHOWCASE
WORLD GRAIN ARCHIVE
ADVERTISER INDEX/Reader Information Form International Faxback Program
World Grain - November 2017 - World Grain - November 2017
World Grain - November 2017 - 2
World Grain - November 2017 - 3
World Grain - November 2017 - 4
World Grain - November 2017 - Second Paris Grain Day event focuses on challenges in the European industry
World Grain - November 2017 - FROM THE EDITOR - U.S. milling industry steps up recruiting effort
World Grain - November 2017 - 7
World Grain - November 2017 - CALENDAR OF EVENTS
World Grain - November 2017 - 9
World Grain - November 2017 - U.S. Wheat Associates to close Cairo, Egypt, office
World Grain - November 2017 - 11
World Grain - November 2017 - Scoular taps Cargill exec for special crops business
World Grain - November 2017 - Report: Glencore, Bunge agree to standstill deal
World Grain - November 2017 - Siemer promotes Wallace to VP of customer service
World Grain - November 2017 - 15
World Grain - November 2017 - G3 Canada Limited building new primary elevator
World Grain - November 2017 - 17
World Grain - November 2017 - CBH breaks shipping, rail records
World Grain - November 2017 - 19
World Grain - November 2017 - Perdue AgriBusiness opens new soybean processing plant
World Grain - November 2017 - Louis Dreyfus Company earnings up in first half
World Grain - November 2017 - GRAIN MARKET REVIEW - Wheat
World Grain - November 2017 - 23
World Grain - November 2017 - COUNTRY FOCUS - Australia
World Grain - November 2017 - 25
World Grain - November 2017 - 26
World Grain - November 2017 - 27
World Grain - November 2017 - FEATURE - GRAIN MARKET TO BREAK MORE RECORDS IN 2017-18
World Grain - November 2017 - 29
World Grain - November 2017 - 30
World Grain - November 2017 - 31
World Grain - November 2017 - 32
World Grain - November 2017 - 33
World Grain - November 2017 - 34
World Grain - November 2017 - 35
World Grain - November 2017 - 36
World Grain - November 2017 - 37
World Grain - November 2017 - FEATURE - BRAZIL'S GRAIN TRANSPORTATION STILL LAGS
World Grain - November 2017 - 39
World Grain - November 2017 - FEATURE - FIGHTING TOWARD ZERO HUNGER
World Grain - November 2017 - 41
World Grain - November 2017 - 42
World Grain - November 2017 - 43
World Grain - November 2017 - New ADMI director named
World Grain - November 2017 - 45
World Grain - November 2017 - FEATURE - BABY BOOMER BLUES
World Grain - November 2017 - 47
World Grain - November 2017 - 48
World Grain - November 2017 - 49
World Grain - November 2017 - 50
World Grain - November 2017 - 51
World Grain - November 2017 - FEATURE - MILLERS AWAIT ADVANCEMENTS IN CONTROLLING PATHOGENS
World Grain - November 2017 - 53
World Grain - November 2017 - 54
World Grain - November 2017 - 55
World Grain - November 2017 - FEATURE - BUNGE MAKES MOVE IN SOYBEAN, PALM OIL
World Grain - November 2017 - 57
World Grain - November 2017 - Seeking drop-in answers for phos
World Grain - November 2017 - 59
World Grain - November 2017 - 60
World Grain - November 2017 - 61
World Grain - November 2017 - FEATURE - GRAIN MARKET RISKS EXAMINED
World Grain - November 2017 - 63
World Grain - November 2017 - 64
World Grain - November 2017 - 65
World Grain - November 2017 - 66
World Grain - November 2017 - 67
World Grain - November 2017 - GRAIN OPERATIONS - Maintaining grain quality in tropical climates
World Grain - November 2017 - 69
World Grain - November 2017 - 70
World Grain - November 2017 - 71
World Grain - November 2017 - 72
World Grain - November 2017 - 73
World Grain - November 2017 - 74
World Grain - November 2017 - 75
World Grain - November 2017 - FEATURE - CHINA’S APPETITE FOR SORGHUM CONTINUES
World Grain - November 2017 - 77
World Grain - November 2017 - 78
World Grain - November 2017 - 79
World Grain - November 2017 - 80
World Grain - November 2017 - 81
World Grain - November 2017 - FEATURE - FULFILLING ITS OBLIGATION
World Grain - November 2017 - 83
World Grain - November 2017 - 84
World Grain - November 2017 - 85
World Grain - November 2017 - 86
World Grain - November 2017 - 87
World Grain - November 2017 - FEATURE - MONSOONAL RAINS FINALLY BEGIN IN BRAZIL
World Grain - November 2017 - 89
World Grain - November 2017 - 90
World Grain - November 2017 - 91
World Grain - November 2017 - FEATURE - OCRIM HOSTS ‘WHEAT, FLOUR, AND…’
World Grain - November 2017 - 93
World Grain - November 2017 - 94
World Grain - November 2017 - 95
World Grain - November 2017 - 96
World Grain - November 2017 - 97
World Grain - November 2017 - SUPPLIER NEWS
World Grain - November 2017 - 99
World Grain - November 2017 - 100
World Grain - November 2017 - 101
World Grain - November 2017 - 102
World Grain - November 2017 - 103
World Grain - November 2017 - PRODUCT SHOWCASE
World Grain - November 2017 - WORLD GRAIN ARCHIVE
World Grain - November 2017 - ADVERTISER INDEX/Reader Information Form International Faxback Program
World Grain - November 2017 - 107
World Grain - November 2017 - 108
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https://digital.world-grain.com/sosland/wg/world-grain-january-2022
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http://digital.world-grain.com/sosland/wg/2006_09_01
http://digital.world-grain.com/sosland/wg/2006_08_01
http://digital.world-grain.com/sosland/wg/2006_07_01
http://digital.world-grain.com/sosland/wg/2006_06_01
http://digital.world-grain.com/sosland/wg/2006_05_01
http://digital.world-grain.com/sosland/wg/2006_04_01
http://digital.world-grain.com/sosland/wg/2006_03_01
http://digital.world-grain.com/sosland/wg/2006_02_01
http://digital.world-grain.com/sosland/wg/2006_01_01
http://digital.world-grain.com/sosland/wg/2005_12_01
http://digital.world-grain.com/sosland/wg/2005_11_01
http://digital.world-grain.com/sosland/wg/2005_10_01
http://digital.world-grain.com/sosland/wg/2005_09_01
http://digital.world-grain.com/sosland/wg/2005_08_01
http://digital.world-grain.com/sosland/wg/2005_07_01
http://digital.world-grain.com/sosland/wg/2005_06_01
http://digital.world-grain.com/sosland/wg/2005_05_01
http://digital.world-grain.com/sosland/wg/2005_04_01
http://digital.world-grain.com/sosland/wg/2005_03_01
http://digital.world-grain.com/sosland/wg/2005_02_01
http://digital.world-grain.com/sosland/wg/2005_01_01
http://digital.world-grain.com/sosland/wg/2004_12_01
http://digital.world-grain.com/sosland/wg/2004_11_01
http://digital.world-grain.com/sosland/wg/2004_10_02
http://digital.world-grain.com/sosland/wg/2004_10_02
http://digital.world-grain.com/sosland/wg/2004_10_01
http://digital.world-grain.com/sosland/wg/2004_09_01
http://digital.world-grain.com/sosland/wg/2004_08_01
https://www.nxtbookmedia.com