(Canada Beef Inc. photo)

Iran now self-sufficient in wheat, president says

New York | Reuters — Iran has become self-sufficient in wheat and aims to export wheat in the coming months, Iranian President Hassan Rouhani said on Thursday. “We had a good year that led Iran to stop importing wheat. We are planning to export wheat in the coming months,” Rouhani told a news conference on[...]
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The Nile River at Cairo. (CIA.gov)

Egypt bans ergot in wheat, again

Cairo/Abu Dhabi | Reuters — Egypt reinstated on Sunday a controversial ban on wheat shipments containing even the slightest amount of a common grain fungus, baffling traders who had returned to the Egyptian market just last month when the ban was lifted. The world’s largest wheat importer said on Sunday it was re-introducing its zero[...]
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Khaled Hanafi, Egypt’s minister for supply and internal trading, shown here at a meeting Tuesday, has resigned in the wake of the country’s ongoing probe into purchases of local wheat. (MSIT.gov.eg)

Egypt’s wheat corruption scandal takes down supply minister

Cairo/Abu Dhabi | Reuters — Egypt’s Minister of Supply Khaled Hanafi has resigned amid the highest-profile corruption case since President Abdel Fattah al-Sisi came to power in 2014. Hanafi’s resignation is the most senior-level fallout from a probe into whether millions of dollars intended to subsidize farmers were used to purchase wheat that did not[...]
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(Jack Dykinga photo courtesy ARS/USDA)

Korea reports no GMO in U.S. wheat imports

Seoul | Reuters — South Korea has not detected any genetically modified wheat in tests on imports of wheat and flour from Washington state, after the discovery of unapproved GM wheat in the U.S. state prompted Japan and South Korea to suspend certain U.S. imports. South Korea, the fifth largest market for U.S. wheat, had[...]
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(FIle photo by Allan Dawson)

IGC raises 2016-17 global wheat, corn forecasts

London/ Reuters – The International Grains Council has raised its forecasts for global corn production in the 2016-17 season, largely reflecting improved crop prospects in the United States. World corn (maize) production was upwardly revised to 1.017 billion tonnes, up from a previous projection of 1.003 billion and the prior season’s 968 million. “Better crop prospects[...]
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