FGC Network
Newsletter
Welcome to Grainam!

Grainam is one of the world's leading grain exporters. Our grains are grown and produced in the
most diverse places all over the world. Our history of commercial grain production has evolved
us to become the highest quality grain producer in the world. Grainam has made large strides in
becoming environmentally friendly allowing us to provide our customers with what they need
without destroying our natural resources. Grainam succeeds through a combination of collaboration
and innovation, and is committed to applying its universal knowledge and experience to help meet
the economic and environmental changes where ever we do business.
| Slump as Grain Exports Slow |
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| Returns for Panamax ships that commodities such as grains and coal plunged as exports have drastically slowed, curbing the need and demand for the vessels. Data shows that this is the eighth decline in a row and the lowest in three weeks. Panamaxes are the second-largest vessels tracked by the Baltic Dry Index, a broader gauge of costs to ship commodities, which also fell for a second day. A contributing factor in the slide of rates for Panamax vessels drop maybe the slowdown in grain exports from South America. -- Posted by NicoleD on Friday, May 18 2012 |
| Possible Record for China’s Corn Output |
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| Chinas corn output which is the world’s second-largest, may possibly rise 3 percent to a record 197.5 million metric tons this year, China National Grain & Oils Information Center said in an e-mailed report yesterday. This is the first projection by the state-owned researcher this year. The center also anticipates that Wheat production may gain by 2 percent to 120.3 million tons as well.
-- Posted by NicoleD on Friday, May 18 2012 |
| Jets Fuel from New Oilseed |
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| Jets are expected to make highly anticipated test flights this coming year using biofuel produced from Brassica carinata, a new oilseed in the mustard family grown last year in Western Canada. Also known as Ethiopian mustard, the yellow coated and low fibre seed performed well at crushing plants. The oil was sent to interested aviation fuel makers. Test flights by commercial and military jets will be announced later this year. Processed in a different way than for biodiesel, the oil must produce jet fuel that is indistinguishable from the petroleum-based product to meet airline specifications. The aviation industry is pursuing plant-based feedstocks for renewable fuels with a smaller carbon footprint. Biofuel made from jatropha, camelina and animal fat are already undergoing flight tests. -- Posted by NicoleD on Thursday, May 17 2012 |
| LONDON |
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| More rains are urgently needed in central European Union countries to bring some respite to crops following unusually high temperatures at the end of April, Strategie Grains said Thursday.
-- Posted by NicoleD on Thursday, May 17 2012 |
| BEIJING |
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| China will sell 600,000 metric tons of soybeans from reserves through a public auction next Thursday, the state-backed National Grain & Oils Trade Center said Thursday.
-- Posted by NicoleD on Thursday, May 17 2012 |
| CANBERRA |
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| Dry weather in Australia's eastern states has slowed planting of winter crops including wheat, and total rainfall in May could be well below average, Australia and New Zealand Banking Group said Thursday.
-- Posted by NicoleD on Thursday, May 17 2012 |
| SINGAPORE |
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| Importers of feed-grade soybeans in Malaysia are delaying purchases of around 130,000 metric tons for October-December shipment due to high prices and a potential price decline in the coming months, trading executives said Thursday.
-- Posted by NicoleD on Thursday, May 17 2012 |
| Dryness Threatens Crops |
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| The price of wheat rose to nearly 3% today, a two week high fueled by increasing concerns regarding dry conditions for initial winter wheat crop. Investors covered short positions as the winter wheat growing U.S. Southern Plains stayed very much dry this week. "It's a weather play, and because we're starting to turn chart signals, it's forcing some shorts to cover," said Arlan Suderman, market analyst at Farm Futures magazine. The rise in wheat prices is due to the lack of rain hitting the driest U.S. areas and forecasted hotter temperatures that look to reduce crop yields, said Mike Zuzolo, president of Global Commodity Analytics. "Weather models continue to show that most of the hard red winter wheat belt in Kansas is going to be missed by this(precipitation) system coming across," he said. Traders also cited weather concerns in Russia, where an analyst warned on Tuesday of irreversible damage to some crops in the south due to drought. Dry, warm weather forecast for the U.S. Midwest this week looked to aid corn and soybean planting, but some rain is needed to boost soil moisture in southern areas of the region. -- Posted by NicoleD on Wednesday, May 16 2012 |
| US And Russia Wheat Future In Dought |
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| Due to the lack of moisture the us winter wheat is in jeopardy.Russia to is having the same issues with there wheat crops threatening out put of a good quality grain.Due to all the concerns the wheat prices went up to over 6$ a bushel this week.
-- Posted by MagdaC on Wednesday, May 16 2012 |
| China's Corn Output One Of The Highest |
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| China's corn growth and output is now becoming the highest on record in the country.The country has set a record of its own at 197.5 million MT this is good news for the farmers and the traders in the country.
-- Posted by MagdaC on Wednesday, May 16 2012 |
