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U.S. Soybean Farmers Growing Record Crop as China Imposes Tariffs
U.S. soybean farmers are due for a record harvest, even as Chinese tariffs threaten demand for the American oilseed.
American Commodity & Shipping Inc. updated their business hours.
Decision follows supplier’s failure to deliver on two cargoes.
Cargill executive calls time on traditional supply model
President of agricultural supply chain division says making money through grain sales is ‘over’
American Commodity & Shipping Inc. updated their phone number.
http://www.al-monitor.com/pulse/originals/2017/03/egypt-government-buy-wheat-bread-crisis.html
After protests over a decrease in bread subsidy allocations, Egypt is reinforcing its wheat reserves.
http://mobile.reuters.com/article/idUSKBN16E1HB
Two Russian wheat cargoes and one Argentine cargo destined for Egypt were rejected at their ports of origin on quality concerns, traders said on Tuesday.
https://cdn.ampproject.org/c/mobile.reuters.com/article/amp/idUSL4N1DU24C
* Australia's 2016/17 wheat crop seen at record 31-32 mln T* Spread between Australia-Ukraine wheat prices narrows* Weaker Australian dollar
http://gain.fas.usda.gov/Recent%20GAIN%20Publications/What%E2%80%99s%20The%20Matter%20with%20Egyptian%20Agricultural%20Trade_Cairo_Egypt_6-8-2016.pdf
American Commodity & Shipping Inc.
Serving The International Commodity Trading & Food Export Community for over 26 years.
Russia to become world’s largest wheat exporter in 2016
Wheat exports from Russia are expected to set a new record this year, outpacing the biggest wheat exporters Canada and the US, reports the Wall Street Journal, citing the US Department of Agriculture (USDA).
http://m.agrimoney.com/news/egypt-buys-wheat-at-last---but-pays-premium-for-ergot-furore--9300.html
The latest UK and international news, comment and analysis on soft commodities, agriculture companies and farm investment from Agrimoney.com
"بونجي الفرنسية" تعرض على مصر شحنة قمح بدلاً من التي تم رفضها
قالت الهيئة العامة للسلع التموينية في مصر اليوم الجمعة إن شركة بونجي لتجارة السلع الزراعية عرضت إرسال شحنة بديلة عن شحنة القمح الفرنسي التي رفضت بسبب فطر الإرجوت
قالت الهيئة العامة للسلع التموينية في مصر اليوم الجمعة إن شركة بونجي لتجارة السلع الزراعية عرضت إرسال شحنة بديلة عن شحنة القمح الفرنسي التي رفضت بسبب فطر الإرجوت
http://m.agrimoney.com/news/egypt-buys-wheat-at-last---but-pays-premium-for-ergot-furore--9300.html
The latest UK and international news, comment and analysis on soft commodities, agriculture companies and farm investment from Agrimoney.com
https://www.rt.com/business/331720-russia-grain-top-exporter/
Wheat exports from Russia are expected to set a new record this year, outpacing the biggest wheat exporters Canada and the US, reports the Wall Street Journal, citing the US Department of Agriculture (USDA).
http://www.producer.com/daily/egypts-ergot-fungus-saga-leaves-wheat-traders-in-limbo/
CAIRO/ABU DHABI, Jan 26 (Reuters) – One Egyptian official’s tough stance on wheat imports carrying a fungus that wreaked havoc in the Middle Ages is […]
http://www.agweek.com/crops/wheat/3924273-egypt-supply-ministry-seeks-clarify-wheat-fungus-rule
CAIRO/ABU DHABI - Egypt's supply ministry moved to clarify rules on wheat imports on Thursday, saying it would allow shipments with traces of the grain fungus ergot to enter the country. Wheat traders have been concerned that uncertainty over payment and inspection terms in Egypt, the world's bigge.…
Hedge funds are so down on wheat that even the worst price plunge in 29 years isn’t leaving them satisfied.
Mobile uploads
Egypt's Sisi scores early success with smart cards for bread subsidies | Egypt Independent
The successful roll-out so far of a new "smart card" system to distribute subsidised bread has been a major achievement for Egypt's government, saving money while earning praise from families who no longer have to wake early to fight for loaves.President Abdel Fattah al-Sisi appears to be succeeding…
Translation of below article:
O Government .. baking system wasted 6 billion pounds
Application of the new baking system, presumably seeking to ease the burden on the state budget on the one hand, and the elimination of the exact steal on the other hand, as well as providing a loaf of bread Adami citizen suitable quality, and the elimination of queues in front of bakeries, but it turned out the actual application it gives the owner of the bakery right in flour steal legally and orderly, and a waste of 6 billion pounds on the state budget, at a time when we need to eliminate the deficit or reduce as much as possible.
This is due to the ministry's recognition that the exact mobile weighing 100 kg produced in 1100 a loaf, loaf weighing 110 grams, but the reality is that the exact mobile weighing 100 kg produced in 1420 loaves, and therefore there is a surplus with the owner of the bakery of 200 to 220 loaves per mobile phone.
Why does the owner of the bakery this surplus?
He claims to be the bad loaves instead of (shallow), it is not reasonable that a quarter of bread product be invalid (shallow), this idea was the idea of the people of the bakery to increase their profits on the state budget account, and the expense of ordinary citizens.
If the mobile one achieves a surplus of almost 200 a loaf, the 7 sacks will check 1400 loaf, which is equivalent to an accurate mobile daily weighing 100 kg, became the front of the owner of the bakery are two options, the first to sell this mobile weighing 100 kilos at a price ranging between 140 to 120 pounds and thus yield sale this mobile pocket enters the bakery owner, not the government or the Ministry of Supply can take any legal action, because it covered the daily ration in production.
The bakery in the village, which has a share of 7 sacks a day can provide accurate mobile and sells on the black market or sell it again for government mill or private at a price of 140 pounds, then buy it the next day from the mill at a price of 310 pounds, this savings of flour provided by the owner of the bakery, which has a stake 7 sacks, in addition to the daily His profit from the sale of bread and collect the difference from the government, which ranges between 150 to 170 pounds per day, in the case of government commitment to weight the decision.
As if the loaf weight less it offers more than that, so that is what is happening legalized theft of public money, are protected by law, if we multiply 310 Gnihat- provided flour to the owner of the daily bakery - 25 thousand bakery on the level of the Republic, the State bears seven million seven hundred and fifty thousand pounds per day, the equivalent of 232 million pounds per month, or about two billion seven hundred and ninety million annually.
This calculation is a bakery small village of share 7 sacks of flour only, but if In straight for the bakery, whose share of 20 to 25 accurate mobile day will amount per day to 930 pounds, provided daily to the owner of one bakery, and at the state level a day up to 23 million and five hundred thousand pounds, and in the month up to six hundred and ninety-seven million five hundred thousand pounds, and annually up to 8 billion and three hundred and seventy million.
And the work of the average values - the previously Alzkr- we find that about 6 billion pounds are lost annually to the state, because of the error in the system based on estimates, and these funds go to the pockets of the owners of the bakery, and bear the cost of the ordinary citizen error in the decision.
So I hope you review the system again; to preserve public money, and use this amount in the treatment of many health of our problems, unemployment, infrastructure, and only to those who deserve support guide can be through periodic review of the salaries of the persons entitled to support and multi-millionaires who crowding simple in support of the citizen.
بتطبيق منظومة الخبز الجديدة، المفترض أنها تسعى لتخفيف العبء على موازنة الدولة من ناحية، والقضاء على سرقة الدقيق من ناحية أخرى، فضلًا عن تقديم رغيف خبز آدمي للمواطن بجودة مناسبة، والقضاء على الطوابير ...
Translation of below article !!!
Application of the new baking system, presumably seeking to ease the burden on the state budget on the one hand, and the elimination of the exact steal on the other hand, as well as providing a loaf of bread Adami citizen suitable quality, and the elimination of queues in front of bakeries, but it turned out the actual application it gives the owner of the bakery right in flour steal legally and orderly, and a waste of 6 billion pounds on the state budget, at a time when we need to eliminate the deficit or reduce as much as possible.
This is due to the ministry's recognition that the exact mobile weighing 100 kg produced in 1100 a loaf, loaf weighing 110 grams, but the reality is that the exact mobile weighing 100 kg produced in 1420 loaves, and therefore there is a surplus with the owner of the bakery of 200 to 220 loaves per mobile phone.
Why does the owner of the bakery this surplus?
He claims to be the bad loaves instead of (shallow), it is not reasonable that a quarter of bread product be invalid (shallow), this idea was the idea of the people of the bakery to increase their profits on the state budget account, and the expense of ordinary citizens.
If the mobile one achieves a surplus of almost 200 a loaf, the 7 sacks will check 1400 loaf, which is equivalent to an accurate mobile daily weighing 100 kg, became the front of the owner of the bakery are two options, the first to sell this mobile weighing 100 kilos at a price ranging between 140 to 120 pounds and thus yield sale this mobile pocket enters the bakery owner, not the government or the Ministry of Supply can take any legal action, because it covered the daily ration in production.
The bakery in the village, which has a share of 7 sacks a day can provide accurate mobile and sells on the black market or sell it again for government mill or private at a price of 140 pounds, then buy it the next day from the mill at a price of 310 pounds, this savings of flour provided by the owner of the bakery, which has a stake 7 sacks, in addition to the daily His profit from the sale of bread and collect the difference from the government, which ranges between 150 to 170 pounds per day, in the case of government commitment to weight the decision.
As if the loaf weight less it offers more than that, so that is what is happening legalized theft of public money, are protected by law, if we multiply 310 Gnihat- provided flour to the owner of the daily bakery - 25 thousand bakery on the level of the Republic, the State bears seven million seven hundred and fifty thousand pounds per day, the equivalent of 232 million pounds per month, or about two billion seven hundred and ninety million annually.
This calculation is a bakery small village of share 7 sacks of flour only, but if In straight for the bakery, whose share of 20 to 25 accurate mobile day will amount per day to 930 pounds, provided daily to the owner of one bakery, and at the state level a day up to 23 million and five hundred thousand pounds, and in the month up to six hundred and ninety-seven million five hundred thousand pounds, and annually up to 8 billion and three hundred and seventy million.
And the work of the average values - the previously Alzkr- we find that about 6 billion pounds are lost annually to the state, because of the error in the system based on estimates, and these funds go to the pockets of the owners of the bakery, and bear the cost of the ordinary citizen error in the decision.
So I hope you review the system again; to preserve public money, and use this amount in the treatment of many health of our problems, unemployment, infrastructure, and only to those who deserve support guide can be through periodic review of the salaries of the persons entitled to support and multi-millionaires who crowding simple in support of the citizen.
بتطبيق منظومة الخبز الجديدة، المفترض أنها تسعى لتخفيف العبء على موازنة الدولة من ناحية، والقضاء على سرقة الدقيق من ناحية أخرى، فضلًا عن تقديم رغيف خبز آدمي للمواطن بجودة مناسبة، والقضاء على الطوابير ...
http://itar-tass.com/en/economy/769298
“The imposition of this export duty is called upon to stabilize the situation on the domestic market of grain,” the governmental press service said
http://www.tax-news.com/news/Russia_To_Introduce_Grain_Export_Tariff____66806.html
Tax-News.com delivers news headlines and features on international tax, law, politics, economics and trade.
http://www.bignewsnetwork.com/index.php/sid/228843405
MOSCOW/ABU DHABI - Russia grain exports have stopped due to ...
Mobile uploads
http://www.cnbc.com/id/102141210
A year after violence crushed Egypt, a different picture is emerging as investment is flowing into the country again and GDP may be back on track.
The government has begun taking steps to convert Egypt into a global logistics centre for the handling and storage of grain and food commodities
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