May 22, 2012

Alltech Symposium: Interviews

Damien O'Reilly interviews some of the speakers and delegates from the Alltech Symposium.

The Global Miller, brings the edited highlights:

Peter Ferket, North Carolina State University, USA
Peter Ferket discussed the importance of animal welfare. He says that for animals to perform, they need to be in peak condition. He is working on ways to programme animals to perform without the feed items that are of concern to people. But, he says, it is tricky to do this and keep prices down.  One way to keep prices at an affordable level is to use natural alternatives such as natural bacteria instead of drugs.


Tom Arnold, CEO Concern Worldwide
How to feed the world's nine billion people by 2050 is a huge issue.
There are seven billion people in the world today.  About a billion of those are not nourished.  
The other growing problem is obesity and the potential health risks associated with it.  There could be a health time bomb ticking in the USA and other developed countries.

The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers. And blogs are written by the staff of Grain & Feed Milling Technology daily. Get your copy of 'PPLAPP', our mobile web application which will allow you to view this blog and other useful information while on the move.
 


 





Gleadell Market Report: Grains

Grain markets - Jonathan Lane, Trading Manager

Wheat

USDA report corn plantings 87% complete, 71% last week and 66% average.  Spring wheat plantings 94% complete, 84% last week and 64% average.
 
UK wheat exports slowed in March to 125,000mt, bringing the season-to-date figure to 2.11m t.
 
Kazakhstan cuts rail costs to boost exports - should allow the country to export an additional 2.5m t.
 
Ukraine’s grain stocks could reach record 12mln t due to the slow pace of exports – exports for July-May estimated at 18.5m t.
 
China’s 2012 corn output seen 3% higher at 197.5m t, imports seen up at 6m t – wheat output set to rise 2% to 120.3m t.

Indian May 1st wheat stocks reported at 38.2m t, almost 10 times official target for the quarter ending June 30th.
 
Russian grain analyst reports spring drought conditions in southern area have already inflicted ‘irreversible’ damage on some of the crop.
 
USDA report winter wheat crop ratings down 3% on the week to 60% good/excellent – Kansas sees biggest reduction, down 8% on the week.
 
Strategie Grains cuts EU 2012/13 soft wheat production by 4.2m t to 122.7m t, citing increased estimates of winterkill in Germany, France and Poland. This is significantly below all other trade house estimates and therefore must be treated with caution.

Weather concerns mount in the main Southern grain area of Russia and the Ukraine as hot, dry conditions continue with some rain expected in some areas – but not all. 

Summary

The euphoria of the USDA crop numbers last week, and the Crop Tour talking of potential ‘record yields’ and an early Kansas wheat harvest, appears to be short-lived as dry weather concerns in the US plains turned chart signals, which encouraged investors to cover short positions especially at the Kansas exchange. Crop ratings fell 3% over the past week, mainly due to the state of the Kansas crop. Spring wheat plantings should be complete by the end of this week well ahead of the average planting pace.

In the EU, grain markets are overshadowed by increasing financial woes. The ECB said that it has stopped providing liquidity to some Greek banks, further fuelling worries over Greece’s place in the euro zone, sending the euro lower and lifting the US$ to a four month high. While the euro debacle will continue to rumble on, fresh fundamental support became apparent with increasing concerns over the current weather conditions in the Black Sea region and the sharp reduction in the EU-27 wheat crop projection. At present the recent bearish tone appears to have been replaced by caution, although the USDA numbers would still point to adequate availabilities of both wheat and corn for the 2012/13 season. 

GRAIN market information contact Jonathan Lane, Trading Manager, on 01427 421221 or jonathan.lane@gleadell.co.uk

The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers. And blogs are written by the staff of Grain & Feed Milling Technology daily. Get your copy of 'PPLAPP', our mobile web application which will allow you to view this blog and other useful information while on the move.
 

Alltech Symposium: Pearse Lyons

Almost 3,000 delegates descended on Lexington, Kentucky to attend the 28th Annual International Symposium.

Pearse Lyons, Alltech founder and president, hosted the Monday Plenary session, giving delegates an insight into Alltech's nine initiatives:

1. Creating an Alltech Academy
2.  Crop Science
3. Lyons Farm
4. Building a new bottling plant to keep up with increased demand for beer
5.  Work with the Sanders-Brown Centre on Aging - branching into the pharmaceutical industry
6. Algae factory - working with scientists to make a replacement for fish oil
7. Alltech will be the title sponsor of the 2014 Equestrian Games in Normandy, France
8. New plants across the USA including, Kentucky, Georgia and Florida.  New plants in Canada and Brazil
9. Graduate Program launched in Ireland will take 20 graduate at a time into the Alltech house

Watch the Alltech Symposium live here
The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers. And blogs are written by the staff of Grain & Feed Milling Technology daily. Get your copy of 'PPLAPP', our mobile web application which will allow you to view this blog and other useful information while on the move.

May 21, 2012

NAMA joins expanded trading hours debate

The North American Millers' Association (NAMA) has asked the Commodity Futures Trading Commission (CFTC) to seek public comments on expanded trading hours in an open letter.
Commodity Futures Trading Commission
Commodity Futures Trading Commission (Photo credit: Wikipedia)

The CFTC is considering increasing trading periods to 22 hours for grain futures contracts. NAMA  believes there may be significant implications of the expanded trading hours that have not been fully analyzed by the CFTC or the market participants.

 
The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers. And blogs are written by the staff of Grain & Feed Milling Technology daily. Get your copy of 'PPLAPP', our mobile web application which will allow you to view this blog and other useful information while on the move.
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Alltech Symposium on TV

Tune in to the Alltech Symposium on RURAL TV and the Alltech Ag Network
 
With just a few days until the Alltech 28th Annual International Symposium kicks off in Lexingon, Kentucky on May 20, excitement is growing among delegates worldwide who will be attending the event. 

They will have the opportunity to listen to world-renowned speakers and hear major announcements about what’s in store for the future of animal nutrition. And while an anticipated 3,000 delegates will attend the Symposium this year, thanks to coverage by RURAL TV and the Alltech Ag Network, many more will have an opportunity to experience the event from the comfort of their own homes, offices, or even mobile devices.

RURAL TV
RURAL TV will be on hand throughout Symposium, providing regular coverage, interviews and highlights along with portions of the Monday, May 21 Opening Plenary Session and the Tuesday afternoon SMART Debate.

Viewers can tune in to watch RURAL TV on DISH Network channel 232, which will feature numerous Alltech Symposium reports in the daily broadcasts throughout the week for both Market Day Report (9 a.m. – 2 p.m., EDT) and the RURAL EVENING NEWS (7:30 p.m. and 11:30 p.m., EDT). In addition, extensive coverage of various sessions in their entirety will be aired in prime time following the RURAL EVENING NEWS on both RURAL TV and RFD-TV for several weeks following the Alltech Symposium.

Alltech Ag Network
The Alltech Ag Network will be streaming major sessions and press conferences live, which means that viewers can tune in on their computers or mobile devices. By going to www.alltech.com/symposium, viewers can watch the Ag Network’s live coverage of the following:

Monday, May 21

9 – 11:30 a.m. EST: Opening Plenary Session and Medal of Excellence Presentation
11:30 a.m. – 12:30 p.m. EST: Press Conference
2 – 2:30 p.m. EST: Symposium Live with Damien O’Reilly
 
Tuesday, May 22

10 – 10:30 am EST: Symposium Live with Damien O’Reilly
12 – 1 p.m. EST: Press conference
1:30 – 4 p.m. EST: The SMART Debate
 
Wednesday, May 23

10 – 10:30 a.m. EST: Symposium Live with Damien O’Reilly
For those who can’t turn in to watch the broadcasts live, they will be rebroadcast in primetime on RURAL TV each evening between 8 p.m. and 10 p.m. EDT, and archived for later viewing online on the Alltech Ag Network. The Alltech Ag Network is a partnership between Alltech and iHigh.com.

Launched on February 15, 2012 by the creators of RFD-TV, RURAL TV is the world’s first television network devoted to the business of agriculture. Market Day Report is a five-hour daily broadcast of news, weather, and commodity markets updated each half hour.  News bureaus in Washington, DC, Chicago, São Paulo, and Buenos Aires provide coverage for these major influences of international agriculture, along with affiliations with every major commodity organization throughout North America.

RURAL TV’s new mobile satellite/production truck will uplink all of the Alltech Symposium coverage back to the Nashville based RFD-TV/RURAL TV studios, and will employ three separate production crews interviewing many of the more than 150 speakers at the Alltech Symposium. Extensive carriage of major rural/equine/agricultural events and conventions occupy afternoon/evening programming, along with an expansion of video livestock auctions which are carried “live” on the channel.

The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers. And blogs are written by the staff of Grain & Feed Milling Technology daily. Get your copy of 'PPLAPP', our mobile web application which will allow you to view this blog and other useful information while on the move.




May 18, 2012

Feeds and Nutrition course

Schothorst Feed research will organise a Feeds and Nutrition course on June 11-15 in Amsterdam, the Netherlands. 

Advanced, in depth but practical courses, focused on formulating feed for dairy, swine and/or poultry are hard to find.  Schothorst Feed Research in the Netherlands will therefore organise for the second time a training course with eight different modules so that each participant can design his or her own custom program depending on interest or specialisation.

All courses will be taught in English in one week (June 11-15), beginning with the basic Feedstuffs (origin, nutritional characteristics and quality) and ending in specialised Dairy, Swine or Poultry nutrition. In between the participant can learn more about Quality assurance, Feed processing, Least Cost Formulating or Communicating quality assurance throughout the whole organisation.

This course is warmly recommend to anyone who wants to take a sabbatical for a week in Amsterdam and learn more about Feeds and Nutrition. 
 
The programme is available online and participants can register here
Contact Jannes Doppenberg, jdoppenberg@schothorst.nl

The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers. And blogs are written by the staff of Grain & Feed Milling Technology daily. Get your copy of 'PPLAPP', our mobile web application which will allow you to view this blog and other useful information while on the move.

IGC Conference 2012

The International Grains Conference is just three weeks away.

Held at the Queen Elizabeth II Conference Centre, London, June 7, 2012, the conference includes workshops titled, 'The International Grain Trade Coalition issues' and 'Black Sea markets – towards greater transparency'

Register online or contact Ann Knowles
Telephone: +44 (0) 20 7513 1122
Fax: +44 (0) 20 7513 0630
Email: conf@igc.int
Simultaneous interpretation will be provided in at least six languages.
 
Hotel bookings can be made through Corporate Events
Travelling from airports to the Queen Elizabeth II Conference Centre

Sponsorship at IGC Grains Conference:
Judie Caunce
Telephone: +44 (0) 1582 765006
Email: igc@events-plus.co.uk

Download the brochure

The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers. And blogs are written by the staff of Grain & Feed Milling Technology daily. Get your copy of 'PPLAPP', our mobile web application which will allow you to view this blog and other useful information while on the move.
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