Grain market news for Aug 2004 AWB Lowers Wheat Pool ProjectionsSYDNEY - Aug 2/04 - SNS -- The Australian Wheat Board reduced projected returns for the coming 2004-05 marketing year in response to expected increases in global supply and a lack of fresh export demand, which have combined to lower international trading levels. . . . Continue or visitors click here Seeding Kharif Season Crops Lags 2003NEW DELHI - Aug 2/04 - SNS -- Seeding of India's kharif or monsoon season rice and coarse grain crops continues to lag last year's rate of progress, according to the country agriculture department. . . . Continue or visitors click here Slow Start to Weekly TradeWASHINGTON - Aug 2/04 - SNS -- Weekly trade in grains, oilseeds and other agricultural commodities got off to a slow start, with buyers and sellers unable to come to terms on several major tenders over the weekend, including an effort by Pakistan to buy 500,000 metric tons (MT) of wheat. . . . Continue or visitors click here Bosnia and Herzegovina Grain Harvest UnderwayVIENNA - Aug 3/04 - SNS -- Wheat harvests in Bosnia and Herzegovina are expected to reach 250,000 metric tons (MT) this year, while the country's corn harvest could approach 900,000 MT. . . . Continue or visitors click here Improved Demand on Overnight MarketsWASHINGTON - Aug 3/04 - SNS -- There was a noticeable improvement in wheat sales activity to Pacific Rim destinations in over night trade, with buyers in Taiwan and South Korea buying a total of 81,600 metric tons (MT) of U.S. wheat and 60,000 MT of corn. . . . Continue or visitors click here No Limits on Ukraine Grain ExportsKIEV - Aug 3/04 - APK -- The Ukraine will not introduce limits to the volume of grain which can be exported during the 2004-05 marketing year, says Minister for Agriculture Ivan Kyrylenko. . . . Continue or visitors click here Quiet Mid-week MarketWASHINGTON - Aug 4/04 - SNS -- Limited overnight trading activity was reported on international grain and oilseed markets, with the main news being Egypt's purchase of 120,000 metric tons (MT) of French and U.SD. origin wheat. . . . Continue or visitors click here Saskatchewan Expects 14% Above Average CropREGINA - Aug 4/04 - SNS -- Crop production levels in Saskatchewan are expected to end up 14% above their recent 10-year average, according to the latest crop progress report from Saskatchewan Agriculture, Food and Rural Revitalization. . . . Continue or visitors click here WTO Framework Threatens CWBWINNIPEG - Aug 4/04 - SNS -- The Canadian Wheat Board (CWB) is indignant over the Canadian government's decision to approve a recently negotiated World Trade Organization (WTO) framework agreement on agriculture, which would see agricultural subsidies in the world's richest nations greatly reduced. . . . Continue or visitors click here African Crops Threatened by LocustsROME - Aug 5/04 - SNS -- Locusts continue to threaten crops in West African countries, while the locust situation is returning to normal in Algeria, Libya, Morocco and Tunisia, according to the Food and Agriculture Organization (FAO), which continues to ask for international help in combatting the swarms. . . . Continue or visitors click here Limited Overnight Grain TradeWASHINGTON - Aug 5/04 - SNS -- International grain and oilseed markets continued in a relatively quiet trading environment, with little business reported overnight. . . . Continue or visitors click here CWB Reports Banner Year for Chinese SalesWINNIPEG - Aug 5/04 - SNS -- The Canadian Wheat Board reported a significant rebound in sales volumes to China during the 2003-04 marketing year, saying it sold 1.8 million metric tons (MT) of wheat and over 350,000 MT of barley. . . . Continue or visitors click here Venezuela Looks at Smaller Corn CropCARACAS - Aug 5/04 - SNS -- Heavy rains during seeding made it impossible for white corn producers in Venezuela to seed as much crop as expected, with the result this year's harvest is now expected to decline from initial forecasts of a 1.25 million metric ton (MT) crop to around 1 million MT. . . . Continue or visitors click here USDA National Grain ReviewST. JOSEPH - Aug 6/04 - SNS -- The USDA issued its latest weekly national grain market review, covering the period through Aug 6. . . . Continue or visitors click here Quiet End to Weekly TradeWASHINGTON - Aug 6/04 - SNS -- The world's cash grain and oilseed markets finished the week's trading activity on a relatively quiet note, with little business reported overnight. . . . Continue or visitors click here Canada's Weekly Exports Total 293,800 MT totalWINNIPEG - Aug 6/04 - STAT -- Export clearances of all grains and oilseeds shipped from Canada total 22,726,800 metric tons (MT) so far this marketing year up 10,074,100 MT from the 12,652,700 moved last year. . . . Continue or visitors click here Quiet Start to Weekly TradeWASHINGTON - Aug 9/04 - SNS -- Weekly trade in grains, oilseeds and other agricultural commodities is off to a relatively slow start, with limited business reported over the weekend. . . . Continue or visitors click here CWB Amends Fed Barley Delivery TermsWINNIPEG - Aug 9/04 - SNS -- The Canadian Wheat Board (CWB) is fundamentally changing the way it will market feed barley delivered by western Canadian in hopes of improving its market share "when sales opportunities are favorable." . . . Continue or visitors click here India -- Cereal and Coarse Grain Production SummaryA table about India -- Cereal and Coarse Grain Production Summary . . . Subscribers Only
Moldovan Grain harvest Nearly CompleteKIEV - Aug 9/04 - APK -- This year's grain harvest in Moldova was nearly completed by the end of the past week, according to INFOTAG news agency. . . . Continue or visitors click here Vietnamese Rice Market Remains FirmHANOI - Aug 9/04 - SNS -- Steady demand for Vietnamese rice continued to support internal and export market values into the last half of July. according to the U.S. agricultural attache here. . . . Continue or visitors click here Saskatchewan Crops Lag NormalREGINA - Aug 8/04 - SNS -- Saskatchewan's crops are up to three weeks behind normal development, according to the latest crop progress report from Saskatchewan Agriculture, Food and Rural Revitalization's. . . . Continue or visitors click here Saskatchewan Crop Condition to August 8, 2004A table about Saskatchewan Crop Condition to August 8, 2004 . . . Subscribers Only
Limited Overnight Trading ActivityWASHINGTON - Aug 10/04 - SNS -- Overnight trading activity in grains and oilseeds was dominated by Egypt's purchase of 120,00 metric tons (MT) of U.S. and French origin wheat for shipment in September. . . . Continue or visitors click here Maize Values Double in MalawiJOHANNESBURG - Aug 10/04 - IRIN -- Maize is being sold at twice its normal price in parts of southern Malawi after a sharp drop in crop production, aid workers told IRIN on Tuesday. . . . Continue or visitors click here Canadian Feed Ingredient Market SummaryA table about Canadian Feed Ingredient Market Summary . . . Subscribers Only
Japan's Beer Consumption Jumps in JulyTOKYO - Aug 11/04 - SNS -- Demand for beer and happoshu rose in Japan during July, with the country's top five breweries reporting an 8.95% increase in total shipments to 53.91 million cases or 682,540 kiloliters. . . . Continue or visitors click here Pakistan Buys 150,000 MT WheatWASHINGTON - Aug 11/04 - SNS -- International grain and oilseed markets were a little more active at mid-week, with trade in wheat, corn, soybeans and flour reported overnight. . . . Continue or visitors click here Russian Grain Exports IncreasingKIEV - Aug 11/04 - APK -- Exports of 2004 crop wheat from Russian ports are increasing, according to the port sources. . . . Continue or visitors click here USDA Expects Record Corn HarvestWASHINGTON - Aug 12/04 - SNS -- The USDA expects this year's corn harvest to end up at the upper end of trade guesses, pegging the harvest at a potential 10.9 billion bushels, up 8% from last year and 22% above 2002. . . . Continue or visitors click here Barley Production Slips Below 2003 LevelsWASHINGTON - Aug 12/04 - SNS -- Barley production for 2004 is forecast at 273 million bushels, up 4% from the July forecast but 1% below 2003, according to the latest USDA crop production report. . . . Continue or visitors click here USDA Expects More Wheat Than TradeWASHINGTON - Aug 12/04 - SNS -- All wheat production is placed at 2.12 billion bushels, up 3% from the July forecast but down 9% from 2003, according to the latest USDA crop production report, with yields expected to average 42.0 bushels per acre, up 1.4 bushels from last month. . . . Continue or visitors click here USDA Winter Wheat Estimate -- August 2004A table about USDA Winter Wheat Estimate -- August 2004 . . . Subscribers Only
USDA Winter Wheat Haed Counts -- August 2004A table about USDA Winter Wheat Haed Counts -- August 2004 . . . Subscribers Only
USDA Other Spring Wheat Estimate -- August 2004A table about USDA Other Spring Wheat Estimate -- August 2004 . . . Subscribers Only
Oat Harvest Estimate Boosted 5%WASHINGTON - Aug 12/04 - SNS -- Oats production is forecast at 128 million bushels, 5% above the July 1 forecast, but 12% below last year's 145 million bushels, according to the latest USDA crop production report. . . . Continue or visitors click here USDA Durum Wheat Estimate -- August 2004A table about USDA Durum Wheat Estimate -- August 2004 . . . Subscribers Only
Sorghum Harvest Up 13%WASHINGTON - Aug 12/04 - SNS -- Sorghum production is forecast at 465 million bushels, up 13% from 2003, according to the latest USDA crop production report, with area harvested for grain is forecast at 6.92 million acres, unchanged from June but down 11% from last year. . . . Continue or visitors click here Third Increase in U.S. Rice OutputWASHINGTON - Aug 12/04 - SNS -- Rice production in the United States is forecast at 222 million cwt, up 11% from last year and up 5% from 2002, according to the latest USDA crop production report. . . . Continue or visitors click here USDA Domestic Wheat Supply-Demand -- August 2004A table about USDA Domestic Wheat Supply-Demand -- August 2004 . . . Subscribers Only
Record Coarse Grain harvest ForeseenWASHINGTON - Aug 12/04 - SNS -- World coarse grain production is now expected to total a record 956.16 million metric tons (MT), up 1.9% from the previous month's forecast and 6.2% above last year's harvest result, says the USDA in its latest World Agricultural Supply and Demand Estimates (WASDE) report. . . . Continue or visitors click here USDA Cuts World Rice ForecastWASHINGTON - Aug 12/04 - SNS -- Projected global 2004-05 production, consumption, and ending stocks are lowered from a month ago, while imports and exports are nearly unchanged, according to the USDA's latest World Agricultural Supply and Demand Estimates (WASDE) report. . . . Continue or visitors click here Second Largest World Wheat Harvest ExpectedWASHINGTON - Aug 12/04 - SNS -- World wheat production will end up at its second highest level in history if there are no major disruptions to crops, argues the USDA in its latest World Agricultural Supply and Demand Estimates (WASDE) report. . . . Continue or visitors click here USDA World Grain Supply-Demand Outlook -- August 2004A table about USDA World Grain Supply-Demand Outlook -- August 2004 . . . Subscribers Only
USDA World Corn Supply-Demand -- August 2004A table about USDA World Corn Supply-Demand -- August 2004 . . . Subscribers Only
USDA Sorghum, Oats, Barley S&D -- August 2004A table about USDA Sorghum, Oats, Barley S&D -- August 2004 . . . Subscribers Only
USDA Domestic Feedgrain & Corn Use -- August 2004A table about USDA Domestic Feedgrain & Corn Use -- August 2004 . . . Subscribers Only
USDA Domestic Rice Situation -- August 2004A table about USDA Domestic Rice Situation -- August 2004 . . . Subscribers Only
Limited Midweek Trading ReportedWASHINGTON - Aug 12/04 - SNS -- Limited trading activity was reported overnight on international grain and oilseed markets. Activity was dominated by routine midweek business. . . . Continue or visitors click here USDA National Grain ReviewST. JOSEPH - Aug 13/04 - SNS -- The USDA issued its latest weekly national grain market review, covering the period through Aug 13. . . . Continue or visitors click here Quiet End to Quiet WeekWASHINGTON - Aug 13/04 - SNS -- Weekly trading on international grain and oilseed markets is finishing on a quiet note, judging from overnight trade activity, with the only major transaction reported being Egypt's purchase of 60,000 metric tons (MT) ofU.S. origin wheat. . . . Continue or visitors click here Quiet Overnight ActivityWASHINGTON - Aug 17/04 - SNS -- International grain and oilseed markets remained seasonally quiet, with limited overnight sales activity reported and little fresh fundamental news affecting buyer's attitudes. . . . Continue or visitors click here Canada's Weekly Exports Total 566,900 MT totalWINNIPEG - Aug 17/04 - STAT -- Export clearances of all grains and oilseeds shipped from Canada total 566,900 metric tons (MT) so far this marketing year up 170,000 MT from the 396,900 moved last year. . . . Continue or visitors click here Midweek Trading Tempo SlowWASHINGTON - Aug 18/04 - SNS -- Activity on international grain, oilseed and other agricultural commodity markets was relatively quiet at midweek, with South Korea's purchase of 55,000 metric tons (MT) of optional origin corn one of the few major transactions. . . . Continue or visitors click here South Africa Sees Better Corn, Wheat HarvestPRETORIA - Aug 19/04 - SNS -- Total grain production in South Africa during the 2004-05 crop year will be better than initially expected, according to the latest crop estimates from the South African Grain Information Service (SAGIS). . . . Continue or visitors click here Taiwan Buys Corn; Canada Gets Frost BiteWASHINGTON - Aug 20/04 - SNS -- The week ended on a slow note, with little trading reported on overnight markets. On the other hand, North American markets were reminded about the danger of slow crop development with news of light, but widespread frostovernight in western Canada. . . . Continue or visitors click here Pakistan Tenders for 500,000 MT WheatWASHINGTON - Aug 20/04 - SNS -- Pakistan is tendering August 30 to buy up to 500,000 metric tons (MT) of optional origin milling wheat for shipment during the 2004-05 marketing year. . . . Continue or visitors click here Vietnamese Rice Firm Despite Slack DemandHANOI - Aug 20/04 - SNS -- Vietnamese rice firmed through the middle of the month despite a slow down in export enquiry. . . . Continue or visitors click here Shipping Slowing Depresses Thai RiceBANGKOK - Aug 20/04 - SNS -- Slower shipping activity through the middle of the month pressed Thailand's internal rice markets lower, notes the U.S. agricultural attache in a report on the country's rice sector. . . . Continue or visitors click here NGFA Supports Easing Futures RegulationsWASHINGTON - Aug 23/04 - SNS -- The National Grain and Feed Association (NGFA) has thrown its support behind a proposal by some U.S. futures exchanges to make it easier for the exchanges to make changes to federal speculative position limits. . . . Continue or visitors click here Pakistan Wheat Tender Opens WeekWASHINGTON - Aug 23/04 - SNS -- Weekly trading is off to a relatively slow start, but wheat traders are pleased by the Pakistan government's decision to hold a second 450,000 metric ton (MT) wheat import tender later in the week. . . . Continue or visitors click here Canadian Feed Ingredient Market SummaryA table about Canadian Feed Ingredient Market Summary . . . Subscribers Only
Indonesian Rice Market Remains ClosedJAKARTA - Aug 23/04 - SNS -- Indonesia is unlikely to reopen its rice market to imports given the fact the country is looking at a good second crop harvest. . . . Continue or visitors click here Frost Reported Across ManitobaWINNIPEG - Aug 23/04 - SNS -- Frost was reported in all crop districts in Manitoba at the end of last week, with this year's dry edible beans and buckwheat suffering severe damage, according to the provincial agriculture department's weekly crop progress report. . . . Continue or visitors click here Light to Severe Frost Damage in SaskatchewanREGINA - Aug 23/04 - SNS -- Last week's frost was the most significant event in Canadian grain and oilseed markets, with Saskatchewan Agriculture, Food and Rural Revitalization said damage is expected to range from light to severe. . . . Continue or visitors click here Canada -- 2004 Crop Production SummaryA table about Canada -- 2004 Crop Production Summary . . . Subscribers Only
Cautious Optimism in Canada's Crop ForecastOTTAWA - Aug 24/04 - SNS -- Statistics Canada's first production estimate for 2004 reveals producers across Canada are "cautiously optimistic about this year's crop" but they were concerned about the weeks remaining between the time of the survey and when they expected to start harvesting. . . . Continue or visitors click here Canada Sees Bigger Grain CropsOTTAWA - Aug 24/04 - SNS -- Canadian cereal and coarse grain crops are expected to post significant increase over last year, according to Statistics Canada's first forecast of 2004 production levels. . . . Continue or visitors click here Limited Overnight Activity ReportedWASHINGTON - Aug 24/04 - SNS -- Little activity was reported on overnight markets, with the only significant trading news being Egypt's decision to reschedule a tender for sunflower and soybean oil to the end of the month. . . . Continue or visitors click here Canada's Weekly Exports Total 467,600 MT totalWINNIPEG - Aug 24/04 - STAT -- Export clearances of all grains and oilseeds shipped from Canada total 899,100 metric tons (MT) so far this marketing year up 277,300 MT from the 621,800 moved last year. . . . Continue or visitors click here Class Switch on Chinese Wheat PurchasesWASHINGTON - Aug 25/04 - SNS -- International grain and oilseed markets remained relatively quiet at the start of the mid-week period, with little fresh trading reported on overnight markets. . . . Continue or visitors click here Overnight Wheat Trade Exceeds 171,000 MTWASHINGTON - Aug 26/04 - SNS -- A relatively good volume of wheat was traded overnight to Japan and Taiwan, adding needed physical sales energy to an otherwise lethargic trading week. . . . Continue or visitors click here IGC Lifts World Coarse Grain EstimateLONDON - Aug 26/04 - SNS -- World coarse grain production is now projected to be 14 million metric tons (MT) greater than previously thought, with the International Grains Council (IGC) lifting its 2004-05 production forecast to 962 million, for a 52 million MT improvement over last year. . . . Continue or visitors click here World Wheat Harvest Up 8 MMTLONDON - Aug 26/04 - SNS -- The International Grains Council (IGC) increased this year's forecast wheat production 8 million metric tons (MT) to 614 million, for a 60 million MT improvement over last year and the largest world wheat harvest since 1997. . . . Continue or visitors click here CWB Drops Wheat PROsWINNIPEG - Aug 26/04 0- SNS -- The Canadian Wheat Board (CWB) dropped projected pool returns for milling wheat and the lowest grades of durum in response to expectations of large international harvests. . . . Continue or visitors click here Canada's Weekly Exports Total 492,100 MT totalWINNIPEG - Aug 26/04 - STAT -- Export clearances of all grains and oilseeds shipped from Canada total 1,401,400 metric tons (MT) so far this marketing year up 380,800 MT from the 1,020,600 moved last year. . . . Continue or visitors click here Rice Stocks Off 3% in U.S.WASHINGTON - Aug 27/04 - SNS -- Supplies of rough rice slipped 3% below year earlier levels as of August 1, according to the latest USDA stocks in all positions report for the commodity, sitting at 19.5 million hundredweight (cwt or 100 pound units). . . . Continue or visitors click here U.S. Rice Stocks by Length and GradeA table about U.S. Rice Stocks by Length and Grade . . . Subscribers Only
USDA National Grain ReviewST. JOSEPH - Aug 27/04 - SNS -- The USDA issued its latest weekly national grain market review, covering the period through Aug 27. . . . Continue or visitors click here Australian Wheat Pool UnchangedSYDNEY - Aug 30/04 - SNS -- The Australian Wheat Board's (AWB) Estimated Pool Returns (EPRs) were left unchanged in its latest update on account of lackluster international grain market conditions. . . . Continue or visitors click here Firm Markets Limit Vietnam Rice SalesHANOI - Aug 30/04 - SNS -- Strong export asking prices limited the ability of Vietnamese traders to put new business on the books through the middle of August. . . . Continue or visitors click here Rice Output Rising in TurkeyANKARA - Aug 30/04 - SNS -- Rice production will be better than expected in Turkey, with the industry now looking for output to total 538,000 metric tons (MT) of rough rice and 350,000 MT of milled rice. . . . Continue or visitors click here Turkey Seen as Net Wheat ExporterANKARA - Aug 30/04 - SNS -- Wheat production in Turkey is now expected to total 17.7 million metric tons (MT), a solid improvement in initial expectations and 900,000 MT above last year's harvest. . . . Continue or visitors click here Quiet Start to Week's TradeWASHINGTON - Aug 30/04 - SNS -- Weekly trade in grains, oilseeds and other agricultural commodities got off to a slow start, with no major trade activity reported overnight. . . . Continue or visitors click here Limited Harvest Activity in SaskatchewanREGINA - Aug 30/04 - SNS -- Farmers in Saskatchewan made limited progress harvesting this year's crops during the past week, with just 2% of all crops in the bin, according to the provincial agriculture department's weekly crop progress report. . . . Continue or visitors click here Frost Damage Obvious in ManitobaWINNIPEG - Aug 30/04 - SNS -- There are clear signs of damage in crops across Manitoba from the August 20 frost event which swept across most of western Canada. . . . Continue or visitors click here Pakistan Dominates Overnight TradeWASHINGTON - Aug 31/04 - SNS -- Pakistan dominated overnight trading news, with its purchase of another 440,000 metric tons (MT) of Australian and U.S. origin wheat to help the country cover a domestic shortfall created by this year's estimated 19.7 million MT wheat harvest. . . . Continue or visitors click here USDA Field Crop Prices Received -- August, 2004A table about USDA Field Crop Prices Received -- August, 2004 . . . Subscribers Only
Freight Shortages Pressure Thai RiceBANGKOK - Aug 31/04 - SNS -- Limited availability of ocean freight capacity in the Pacific Rim had a negative influence on Thailand's rice market because it kept buyers away from the market, notes the U.S. agricultural attache in a report on the country's rice sector. . . . Continue or visitors click here
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