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Tag Archives: wheat

WTO finds China guilty of mismanaging its tariff-rate quotas for wheat, corn and rice

World Trade Organization ruled that China administered its tariff-rate quotas for wheat, corn and rice inconsistently with its WTO commitments. The WTO ruling follows one in February against China’s excessive support for domestic grain farmers. The United States won a World Trade Organization (WTO) ruling against China’s use of tariff-rate quotas for rice, wheat and corn, which it successfully argued …

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U.S.-China deal to boost grain container shipments

A deal ending the trade spat between the U.S. and China would boost container shipments of grain, wheat and soybeans, according to the head of Japan’s largest container-shipping company. While agricultural goods are typically transported in large volumes by bulk ships, there’s a rising trend toward using containers as they can move smaller quantities more efficiently and without the need …

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Syria establishes new state grain company

Syrian President Bashar al-Assad has issued a decree establishing a grain company to replace the state silos, mills and grain buyer (Hoboob), Reuters reports. The headquarters of the new General Organization for Trade, Storage and Grain Processing will be located in the northeastern city of Hasaka and will headed by the country’s internal trade minister. The company will be responsible …

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FOCUS ON EGYPT GRAIN AND WHEAT POLICY

“Egypt is not only the largest importer of wheat but also the largest wheat consumer and bread eater per capita in the world. A key component of government policy in this regard is the provision of low-priced bread to the population. This is achieved through a number of government subsidies at the various stages of the value chain. The reform …

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Tehran in talks with Russia to import wheat to ship as flour

Secretary General of Iran Federation of Food Industry Associations Kaveh Zargaran said Tehran is negotiating a wheat import deal with Russia that would allow it to increase flour exports to neighboring Iraq by private sector. The deal would involve importing around 100,000 tonnes of Russian wheat per month. Iran is holding talks to import 1 million tons of wheat from …

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Fear of devastating wheat disease in Europe

Over 80 percent of 57 wheat varieties tested in Britain are susceptible to the strain of stem rust, according to a study. Stem rust can devastate wheat, the source of food and livelihoods for more than 1 billion people in developing countries. A devastating disease that attacks barley and wheat-the world’s most widely grown crop – could re-emerge in Britain, …

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Russia eyes flour mill expansion to absorb wheat crop

Anatoly Kutsenko, a director at the Russian ministry of agriculture, said the country was mulling downstream investment into flour mills. The statement shows Moscow considers exporting low cost grain may not be the best way to proceed. Russia needs to develop flour production capacity and increase its consumption of higher-quality wheat to sustain the nation’s bumper crops, a senior official …

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First transactions at Commodity Exchange to be made on wheat

Turkish Deputy Prime Minister Mehmet Simsek said: “Commodity exchange which will ensure the market to balance within the price stability will go into operation within the shortest time.” He added at the first stage, transactions for wheat and cotton will be possible. Mehmet Simsek, Turkish Deputy Prime Minister in charge of economics, said that the Commodity Exchange will go into …

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Iraq buys 450 thousand tons U.S. wheat directly

Iraq has reportedly bought 450,000 tons of U.S. hard red winter wheat outside the tender process. Traders said the shipment would be within the next three months. Iraq has purchased U.S. wheat in a direct deal, outside the tender process, Reuters reported. The wheat was purchased from Cargill and ADM, two Iraqi officials said. The officials would not confirm the …

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