Sunset in Egypt on the Nile River south of Luxor. (CIA.gov)

Egypt to follow global standard for ergot starting Tuesday

Reading Time: < 1 minute Cairo | Reuters — Egypt will allow up to 0.05 per cent ergot, a common grains fungus, in wheat shipments beginning on Tuesday, confirming the end of a months-long standoff just before the country re-enters the international wheat market. Reuters exclusively reported on July 4 that a ministerial decree would allow the world’s top wheat […] Read more

(Photo courtesy Water Management Research Unit, ARS/USDA)

U.S. grains: Bargain hunting, weather concerns support soy, corn gains

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures rallied on Friday on a bargain-buying bounce after declining sharply earlier in the week. Concerns about hot and dry weather stressing both crops as they head toward key developmental phases added to the strength. “Traders continue to have concerns about forecasts calling for hot and dry […] Read more


(Keith Weller photo courtesy ARS/USDA)

U.S. grains: Soybeans fall, pull corn from highs

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures plunged 4.7 per cent to their lowest in nearly two months on Thursday, weighed down by forecasts for good weather for crop development across the U.S. Midwest. The sharp drop in soybeans weighed on corn, which settled close to unchanged as traders locked in profits from a surprise […] Read more

A wheat crop in standing water. (Colton Yoder photo courtesy ARS/USDA)

Wet wheat weather watched worldwide

Reading Time: 2 minutes CNS Canada — Generous rainfall has benefited but also boosted the risk of disease on wheat crops in much of Canada and the U.S., and has also cut into grain quality in parts of Europe. However, according to Drew Lerner of U.S. forecast agency World Weather Inc., conditions during the harvest season will be the […] Read more


Sunset in Egypt on the Nile River south of Luxor. (CIA.gov)

Egypt appoints new top wheat buyer

Reading Time: 2 minutes 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




(Photo courtesy Canada Beef Inc.)

U.S. grains: Wheat, corn fall sharply

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell on Wednesday, extending their decline under pressure from the ongoing harvest of a bountiful crop in the Plains and the Midwest which threatens to add to a glut of supplies that is largely being shunned by overseas buyers. Corn futures also dropped, pressured by forecasts for rain […] Read more


The Nile River at Cairo. (CIA.gov)

Egypt’s parliament to look into wheat fraud allegations

Reading Time: 2 minutes 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