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Durum wheat

Sunset in Egypt on the Nile River south of Luxor. (CIA.gov)
Cereals, Crops, Markets, Reuters

Egypt appoints new top wheat buyer

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Cairo | Reuters — Egypt appointed a new head on Sunday for its state wheat-importing body — one of the most influential positions in the global wheat market — as it remains mired in a dispute over the quality of grain it will buy. Minister of Supply Khaled Hanafi told Reuters Ahmed Youssef has been […] Read more
The Nile River at Cairo. (CIA.gov)
Cereals, Crops, Markets, Reuters

Egypt’s parliament to look into wheat fraud allegations

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Cairo | Reuters — Egypt’s parliament has set up a fact-finding commission that will look into allegations of corruption in local wheat procurement. Egypt, the world’s largest wheat importer, this month announced a government-led inspection of wheat silos after an unusually high procurement figure prompted allegations of possible fraud from top industry officials, traders and […] Read more
(Dave Bedard photo)
Crops, Markets

More canola and pulses, less wheat expected in Canada

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CNS Canada — Canadian farmers likely seeded more canola and pulse acres than originally thought this spring, but less wheat, according to average trade estimates ahead of Statistics Canada’s next official survey results due out June 29. Poor returns per acre and frustrations over grading issues had some farmers backing away on wheat, said Jerry […] Read more
(Dave Bedard photo)
Crops, Markets, Reuters

Saudi Arabia boosts stake in G3 Canada

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Winnipeg | Reuters — Saudi Arabia’s agriculture company has taken control of the majority investor in grain handler G3 Canada Ltd., according to a filing, reducing Bunge Ltd.’s stake and strengthening the kingdom’s efforts to secure food supplies. G3 Global Holdings, the joint venture of U.S. agribusiness Bunge and Saudi Agricultural and Livestock Investment Co. […] Read more
Durum wheat. (Gipsa.usda.gov)
Cereals, Crops, Markets

Durum strays from typical patterns ahead of new crop

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CNS Canada — The durum market has moved off from its normal patterns heading into summer, one market analyst says, while exports are trending lower on the year. “It’s a very unique situation because we’ve got bigger crops coming,” said Jerry Klassen, manager of the Canadian office for Swiss-based GAP SA Grains and Produits. France, […] Read more
Luc Jobin. (CN.ca)
Crops, Machinery

CN promotes CFO as CEO resigns

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Canadian National Railway’s (CN) chief financial officer Luc Jobin will become its chief executive on July 1, as incumbent CEO Claude Mongeau steps down for health reasons. Mongeau announced Tuesday he will resign as CN’s CEO at the end of June, after leading the railway company for six and a half years. “I was filled […] Read more
(Country Guide file photo)
Crops, Markets, Spring Wheat

Prairie wheat bids tick down slightly

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CNS Canada — Cash spring wheat bids across Western Canada softened slightly during the week ended Friday, as gains in the Canadian dollar put pressure on values. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down 50 cents to $1, with the exception of southern Alberta where they were up […] Read more
(Dave Bedard photo)
Crops

Saskatchewan names new deputy ag minister

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A promotion for Saskatchewan’s deputy minister of agriculture leads to a promotion for one of the ministry’s assistant deputies. Doug Moen, who’s leaving his post as deputy minister to Premier Brad Wall at the end of June, on Friday announced Rick Burton as the province’s new deputy minister of agriculture, effective July 1. As the […] Read more
(WholeFoodsMarket.com)
Crops, Markets, Reuters

New Whole Foods chain 365 faces tough mission

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Los Angeles | Reuters — Whole Foods Market’s 365 grocery chain offers lower prices and more technology than the company’s namesake supermarkets, but experts say the fledgling brand must beat its many rivals without hijacking customers from its parent. 365, which debuted on Wednesday with a bright and airy store in Los Angeles’ Silver Lake […] Read more

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