QUOTE OF THE WEEK from "Navigating a bearish market: Millers, traders receive advice at IAOM MEA conference" at World Grain. Read the full article reporting from IAOM MEA here → https://ow.ly/IYvm50Uv7hK #agriculture #agribusiness #grain #wheat #milling #flour
World Grain
Business Content
Kansas City, Missouri 21,477 followers
The leading news and information source for grain executives and operators.
About us
Long recognized as the indispensable source of information for the international grain executives and operators, World Grain provides the latest news and captivating analysis while covering topics such as grain storage and transportation issues, global trade and market trends, grain and feed processing operations and end-market demands. Our industry-best team of editors and contributors bring a wealth of experience to an industry that is constantly evolving while identifying the best in production strategies and trends that will impact your buyer’s customer tomorrow.
- Website
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http://www.world-grain.com
External link for World Grain
- Industry
- Business Content
- Company size
- 11-50 employees
- Headquarters
- Kansas City, Missouri
- Founded
- 1982
- Specialties
- Milling, Grain, Feed, Commodities, Flour Milling Equipment, Feed Milling Equipment, and Grain Storage and Handling
Updates
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The United Soybean Board (USB) elected Philip Good, who has served on the board the past seven years, as 2025 chair during its December meeting in St. Charles, Missouri, US, when it also filled out its Executive Committee lineup. As the new chair, Good said he will explore ways to foster transparency and build trust through clear communication and education. He also wants to find and implement greater efficiencies to drive cost-saving and encourage strategic thinking to ensure US soybean farmers work together toward a common goal. → https://ow.ly/Cx3J50Uv5Gb #agriculture #agribusiness #soybeans #oilseeds
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China’s Dalian Hesheng Holdings Group Co., Ltd. plans to construct a vertically integrated industrial park for deep processing of #wheat in the Akmola region of #Kazakhstan. The plant is expected to process 1 million tonnes of wheat annually during the first phase and increase capacity to 3 million tonnes in subsequent phases and create about 2,000 jobs. → https://ow.ly/bxqB50Uv33G #agriculture #agribusiness #grain
Kazakhstan to build wheat processing plant
world-grain.com
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A second round of funding totaling $300 million through the Regional Agricultural Promotion Program (RAPP) to 67 organizations will help expand American food and agricultural exports in emerging global markets. The new grants aim to diversify export markets in regions with rising consumer demand and purchasing power, including Africa, Latin America/the Caribbean, and South/Southeast Asia. → https://ow.ly/ZEP850Uv2Gj #agriculture #agribusiness #grain #trade American Feed Industry Association (AFIA) U.S. Grains Council USA Rice Federation
US groups receive funding to promote ag exports
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COFCO International and OCBC, Southeast Asia’s second largest financial services group, have launched the first financing facility with interest rate incentives tied to Science Based Targets initiative (SBTi)-validated FLAG targets for 1.5°C climate alignment. The $600 million OCBC 1.5°C loan is a sustainability-linked revolving credit facility incorporating two performance targets aligned with COFCO International’s SBTi-validated Forest, Land, and Agriculture (FLAG) soy and corn emissions reduction targets. → https://ow.ly/E7jB50Uv2jz #agriculture #agribusiness #grain #climate #sustainability
COFCO secures sustainability-linked loan
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For much of the last year, grain freight buyers’ shipping costs have been relatively benign. As always, the supply-demand balance of the overall bulk carrier fleet has set the tone for #grain shippers using vessels of panamax size and smaller, with grain flows influencing the market for less-than-capesize vessels on a seasonal basis. What's ahead for 2025? → https://ow.ly/7Pz550UuXVW #agriculture #agribusiness #shipping #grain
What’s in store for grain shippers?
world-grain.com
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CBH Group credited strong outturn performance and a commitment to competitive grain and fertilizer prices for farmers for helping the company secure a group surplus of A$73.8 million ($46.3 million) on revenue of A$4.5 billion ($2.8 billion) for the financial year ended Sept. 30. CBH’s Operations division reported a reduced A$51 million surplus year on year, reflecting the below-average volume of deliveries from farmers into the network, which totaled 12.5 million tonnes. → https://ow.ly/PE9L50UujGe
CBH Group surplus, revenue fall
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All 17 #wheat #flour #milling sites across #Nigeria have joined Millers for Nutrition, a coalition of food fortification stakeholders dedicated to helping millers fortify staple foods and improve health outcomes. Millers for Nutrition aims to make producing correctly fortified, nutritious food easier and more rewarding for millers. → https://ow.ly/GtGz50UujkB #agriculture #agribusiness #grain #nutrition #Africa
Nigerian millers join fortification effort
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#Bulgaria harvested in 2024-25 its lowest oilseed crop in more than a decade because of extremely hot and dry summer conditions that affected yields. With crush capacities expanding in recent years to about 5 million tonnes for #sunflower and #rapeseed, the local crushing industry faces a significant challenge. → https://ow.ly/NZBp50Uuix9 #agriculture #agribusiness #oilseeds #Europe
Bulgaria’s oilseed harvest drops to decade low
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Although yields are estimated to be higher, the quality of Brazil’s 2023-24 #wheat crop is expected to be below typical standards. Wheat imports are seen increasing by 16% as millers look to foreign suppliers to make up for the decrease in quality in the domestic wheat crop. → https://ow.ly/5BXE50UufSF
Brazil’s wheat crop plagued by quality concerns