Milling & Grains bite-size news

Canada's minimum grain volume requirements, ConAgra Foods against child hunger, Wheat futures in Russia and Ukraine

Canada is extending its requirements on grain volume movement for railways

Canada to maintain minimum grain volume requirements for railways, ConAgra Foods not satisfied with its fight against child hunger, and cold weather in Russia and Ukraine could cause a wheat price increase.

Canada to maintain minimum grain volume requirements for railways

Canada’s Transport and Agriculture Ministers announced it will extend its Order in Council regarding minimum grain volume requirements for railways.

The Order was first introduced on March 7, 2014 for 90 days but has been in place since. It was first implemented to help maintain Canada’s reputation as a reliable supplier to world markets.

Under the Order Canadian National and Canadian Pacific railways must each move the following amounts of grains:

Time period

Metric tonnes per week

Nov. 30, 2014 to Dec. 20, 2014

345,000

Dec. 21, 2014 to Jan.  3, 2015  

200,000

Jan.   4, 2015 to Feb.   21, 2015

325,000

Feb. 22, 2015 to Mar. 21, 2015

345,000

Mar. 22, 2015 to Mar. 28, 2015

465,000

Railways are legally obliged by this decision and penalties for non-compliance could reach $100,000 per violation.

"Our government continues to act to ensure that grain and all commodities get to market in a timely manner.  We continue to call on all parties in the grain supply-chain to work together to ensure the efficient movement of grain to markets through the winter," Said Gerry Ritz, Canada’s Agriculture Minister.

ConAgra Foods not satisfied with its fight against child hunger

ConAgra Foods and ConAgra Foods Foundation are not impressed by the results of their fight against hunger in America.

The 20-year contribution was insufficient to fight child hunger a problem still touching more than one in five children in America.  

The company now announced its new child-hunger-reduction goals and committed to donate $10m over the next three years, the most substantial donation Feeding America has ever received.

“We are committed to making good food that everyone can access and enjoy, and I have challenged our company and the ConAgra Foods Foundation to take a deeper look at ways to approach child hunger so we can make a more profound impact and reach new goals by 2018,” said Gary Rodkin, CEO of ConAgra Foods.

Cold weather in Russia and Ukraine could cause wheat price increase

Drought and below-normal temperatures could affect winter wheat crops in Russia and eastern Ukraine and lead to price increase, say Russian agriculture experts.

They forecasted that Russia could see an overall 18 million ton fall in grains production next year.

The wheat futures were already on a five-month high at $6 a bushel and the drought could cause even higher wheat prices.

SovEcon consultancy said “Winter grains are actually in the worst state on record, which includes the winter of 2009-10.” It predicted that wheat crop could fall below 50mt from this year’s 58-59mt.

Related News

GPC will increase its maltodextrin capacity by 30%

Global maltodextrin boom sparks Kent Corporation corn expansion

Blumberg Grains will develop an integrated food security system for grain storage in Egypt

Egypt food security, Saudi wheat, Syngenta GM, desert wheat

CFTC takes civil action against Kraft and Mondelēz for wheat futures manipulation

Mondelēz to bear costs in wheat futures manipulation charge

The new quality criteria for wheat introduced a minimum 11% of protein content and Hagberg falling numbers at a minimum of 220 seconds, according to Reuters.

Wheat quality criteria, Carr’s Milling Industries, global grain surpluses, wheat production forecast

General Mills: 'All of our research shows that consumers are eating more ancient grains and there is not a brand better positioned to launch this product than Cheerios'

General Mills develops ancient grains Cheerios

Ardent Mills claims new era in grain

Ardent Mills claims a ‘new era’ in grain

Submit a comment

Your comment has been saved

Post a comment

Please note that any information that you supply is protected by our Privacy and Cookie Policy. Access to all documents and request for further information are available to all users at no costs, In order to provide you with this free service, William Reed Business Media SAS does share your information with companies that have content on this site. When you access a document or request further information from this site, your information maybe shared with the owners of that document or information.