November 21, 2012

21/11/12: Stories on Russian wheat, FAO's rice forecast and training courses

  • The Russian domestic wheat price began to accelerate last week as sales from government intervention stocks failed to cool down a drought-hit market, SovEcon agriculture analysts have reported. "Expectations of price declines due to (grain) interventions are not immediately taking shape, while many buyers have to think about building stocks for late December and early January," SovEcon said. Read more...
  • Rice production is outstripping demand according to the FAO's Rice Market Monitor report. The UN department has raised its estimation for global paddy production for 2012 by 4.2 million tonnes to 729 million tonnes.  This figure equates to 486 million tones once milled. 2012 is predicted to be the eighth consecutive year of rice stock accumulation, with an estimated 170 million tonnes of carryover stock. As a result, the world rice stock-to-use ratio is forecast to rise from 33.6 percent in 2012 to 35.5 percent in 2013. Read the FAO report...
  • Thirty participants from across the United States travelled to the International Grains Program to gain knowledge of the HACCP program. In order for individuals involved in the feed industry to develop an effective HACCP program, IGP held a HACCP Feed Manufacturing course in conjunction with the American Feed Industry Association (AFIA) and the National Grain and Feed Association (NGFA). The course was held November 5-8, 2012, at the IGP Conference Center. Feed mill managers, quality assurance personnel and ingredient suppliers in the feed industry were in attendance. “The course provided the basic tools for feed millers to learn, and how to implement all the principles of HACCP step-by-step,” says Carlos Campabadal, IGP feed manufacturing program specialist and the course manager. “Participants left with the right knowledge to develop a HACCP plan at their facility.”

Long grain rice from the United States
Long grain rice from the United States (Photo credit: Wikipedia)

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