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China Forecasts Record Grain Harvest for 2011

Posted September 29th, 2011 at 4:32 am (UTC-5)
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China is forecasting a record grain harvest this year with production expected to exceed 550 million metric tons. Officials said Thursday the harvest will mark the eighth consecutive year of increased grain production. But the rise will not be enough to prevent a modest increase in prices because of rising costs to farmers. With a […]

Russia Resumes Wheat Exports

Posted July 2nd, 2011 at 5:35 pm (UTC-5)
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Russia has resumed the export of wheat after a one-year gap following catastrophic fires and drought that destroyed one-third of the country’s crop. Russia, once the world’s third largest wheat exporter, banned exports to preserve supplies for domestic consumption. However, this year’s harvest is expected to be better than projected, and, based on rainfall in […]

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