April 11, 2016

11/04/2016: Oilseed & Grain News

Image: Caitriana Nicholson
What does the end of China’s corn stockpiling program mean for grain markets?
Last year China imported 40 million tons of grain as a substitute for high-priced domestic corn, but now that Beijing is ending its state stockpiling program, how will the flood of domestic corn onto China’s market affect global grain markets?

USGC prepares for Cuban grain team visit
As relations between the US and Cuba continue to thaw, the USGC is preparing to welcome a visiting team of Cuban importers and officials to Washington DC, Maryland, Missouri and Louisiana next month.

Global wheat flour exports to reach new record in 2015/16 – IGC
Conflicts across Iraq and Afghanistan will fuel a spike in wheat flour trade this season to a new record of 14.73 million tons of wheat equivalent.

UK port of Tilbury expanding grain terminal
One of the largest ports in the UK is undertaking the expansion of its grain storage by 16,000 tons as part of its growth strategy designed to help the port meet increasing demand.

Cargill may move Wichita headquarters
Cargill is considering moving its Wichita headquarters to create a more open, non-traditional work space that will be more attractive to younger professionals.

The Andersons selling Iowa grain and plant nutrient assets
The Andersons’ has agreed to sell eight Iowa grain and agronomy sites acquired through its purchase of Green Plains Grain Company in 2012.

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