October 09, 2012

9/10/12: Russian grain forecast; UK millers and bushel weights; efficient vessels

Hello, 
  • Russia's grain crop may fall 26 percent year-on-year to under than 70 million metric tons due sot lower yields after the summer drought.  Read the Sovecon report in Russian or the Bloomberg report in English. 
  • UK millers are looking abroad for quality wheat, reports Farmers Weekly.  Poor quality of home grown wheat means that millers are using outside sources in a bid to increase bushel weights.  Read more... 
  • Cargill, Huntsman Corporation and Unipec UK have announced that they will only charter the more efficient vessels operating in the shipping market.  This commitment is the first of its kind in the industry to reduce the existing fleet carbon emissions.  Read more...
English: Harvesting near Worlaby. "The UK...
English: Harvesting near Worlaby. "The UK is likely to harvest about 15m tonnes of wheat this summer, producing an exportable surplus of around 3m tonnes." See Farmers Weekly. Photo taken from Middlegate. (Photo credit: Wikipedia)


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